Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

Tax rules in 2026 tilt even more heavily toward people who take the standard deduction, thanks to new above the line write ...

For 2025, these autos have a Section 179 tax deduction limit of $12,200 in the first year they are used. In fact, if the ...

How much tax you owe depends on your income. However, the federal government, through the Internal Revenue Service, allows you to claim deductions that reduce your taxable income and the amount of tax ...

The IRS provides student loan interest deduction that lets borrowers subtract some of the payments from their taxable income.

The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.

NEW YORK — When tackling your taxes, it can sometimes be hard to figure out whether to itemize or opt for a standard deduction. According to tax pros, itemizing generally makes sense only if your ...

WASHINGTON (AP) — When tackling your taxes, it can sometimes be hard to figure out whether to opt for a standard deduction or itemize. According to tax pros, itemizing generally only makes sense if ...

When tackling your taxes, it can sometimes be hard to figure out whether to opt for a standard deduction or to itemize. According to tax pros, itemizing generally makes sense only if your itemized ...

Understanding what deductions are coming out of your pay is key to knowing where all your money is going. More importantly, ...

The One Big Beautiful Bill Act is making several major impacts on 2026 tax returns. Here are six notable changes that filers ...