ELSS Funds (Equity Linked Savings Schemes)ELSS investments qualify for deductions under Section 80C ... eligible for tax benefits under Section 80CCC of the Income Tax Act. Many pension plans ...

The IRS released the 2025 standard deduction amounts you’ll use for your 2025 tax return. T hese amounts for each filing status are adjusted for inflation every year. So, the standard deduction ...

The Internal Revenue Service on Tuesday announced the annual inflation adjustments for standard deductions, marginal tax rates, earned income tax credits, adoption credits and more for 2025.

The IRS on Tuesday announced new inflation-adjusted tax brackets for the coming year, setting the standard deduction for a single filer at $15,000 and for a married couple at $30,000 for the first ...

NEW YORK (AP) — U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation on future returns. For couples who file jointly ...

The Internal Revenue Service (IRS) on Tuesday announced its inflation adjustments to tax brackets and deductions for the 2025 tax year, potentially giving Americans a chance to increase their ...

skynesher / Getty Images Prior to the Tax Cuts and Jobs Act (TCJA) of 2017, homeowners could claim a plethora of extra tax deductions. But these are no longer an option. After the TCJA became law ...

Taxpayers Will Get Bigger Standard Deductions in 2025, but With Smaller Boosts Than Recent Years NEW YORK (AP) — U.S. taxpayers will again see higher standard deductions for 2025, allowing them ...

Westend61/Getty Images The unlimited marital deduction is a provision in the U.S. Federal Estate and Gift Tax Law that allows an individual to transfer an unrestricted amount of assets to their ...