The Big Beautiful Bill passed the House in the early morning of May 22, 2025. Trump has staked a great deal of his ...

Rental property tax deductions allow you to claim the cost of repairs, maintenance, taxes, insurance, depreciation and any ...

Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or ...

Yaba College of Technology, Lagos is not involved in illegal deductions and exploitation ... the college should please exercise patience and allow due diligence to be carried out, as payment ...

(Freepik) Taxpayers will not be allowed to claim a deduction for expenditures incurred to settle proceedings initiated for contravention or defaults under four laws, including the SEBI Act and the ...

The income tax department on Thursday said taxpayers will not be allowed to claim deduction for expenditures incurred to settle proceedings initiated under four laws, including the Sebi and the ...

If you’re not eligible for the standard deduction, or you expect that your allowable deductions might exceed the standard deduction amount, you can use the itemized deduction method using ...

are not an allowable deduction. Costs of driving a car from home to work and back, again, are personal commuting expenses. This is also true for fares you pay to ride any sort of public ...

Believe it or not, the IRS has allowed deductions for clarinet lessons as a medical expense in certain circumstances where the lessons were recommended by a doctor to help treat a health condition ...

The Government elaborated that expenses paid for qualifying AR services by a taxpayer, by a taxpayer’s spouse (who is not living apart from the taxpayer), or by both, are allowable deductions. The ...

Factors like under whose name the property is registered and from whose bank account monthly instalments are paid play a role in deciding whether both co-borrowers can get tax benefits. NEW DELHI ...

you’re not eligible unless you also have a side gig that you do from home − at least on the federal level. "Some states might allow you to take some deductions," said Mark Jaeger, vice ...