The IRS has unveiled a draft of the new Schedule 1-A form, set to simplify claiming deductions for tips, overtime, auto loan interest, and senior benefits. As part of the OBBBA, this form aims to ease ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 ...

IRS: Learn how to claim new tax deductions available in the IRS Schedule 1-A, covering tips, overtime pay, car loans, and ...

The IRS introduces Schedule 1-A for 2025, letting you deduct qualified tips, overtime pay, vehicle loan interest, and ...

IRS tax breaks for workers are here. Millions can now keep more of their tips and overtime pay. New deductions for 2025–2028 ...

Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, ...

September 15 is the last date to file ITR for AY 2025-26. Will the Finance Ministry extend the deadline again? Get latest ITR ...

GSTAT President mandates a staggered schedule for filing GST appeals to avoid portal overload. Timelines are based on the date the First Appellate or Revisional Authority order was ...

Agricultural income is fully exempt under Section 10(1), but it must be included for rate purposes. This means that it is added to your total income to compute the tax rate applicable to your regular ...

GSTAT directs e-filing of GST appeals via NIC portal with staggered deadlines up to June 30, 2026, to manage portal load and ensure smooth case ...

Here's what you need to know about the Nov. 4 General Election, plus the candidates and issues for voters in northwest Ohio.