Year-end planning can significantly boost the benefits of new tax changes, helping taxpayers reduce liabilities and maximize deductions.

Getting advice from a good tax pro is worth it. They can help you squeeze the most out of your LLC tax benefits and keep you ...

A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the 20% deduction for qualified business income or QBI.

Many homebuyers overlook additional deductions available beyond the standard tax breaks on principal and interest.

Millions of households are about to discover that President Donald Trump's new tax rules make a zero-dollar federal income ...

Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth ...

The One Big Beautiful Bill is the latest tax bill aimed at making cash flows better for businesses and encouraging investment ...

Tax brackets will shift upward for 2026, meaning more income will be taxed at lower rates before hitting higher tiers. The ...

There's one type of charitable donation that sidesteps the new tax limitations entirely, but it comes with strict rules about ...

The government will raise exemptions for individual income tax by NT$4,000 to NT$101,000, standard deduction by NT$5,000 to NT$136,000, and special deduction for salary income by NT$9,000 to ...