If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take ...

A home equity loan has important tax benefits that users should remember this filing season. Here's what to know.

For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state ...

The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 ...

A nonrefundable credit can reduce your tax liability to zero but not below that. Refundable credits can reduce your liability ...

Budget 2025-2026 also announced at tax rebate for those earning up to Rs 12 lakh annually. The Bill removes exemptions and ...

If you're a W-2 remote employee hired for a period of time to complete ongoing work on a company's payroll, you probably ...

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...

Legal betting nationwide for Sunday’s 59th Super Bowl between the Eagles and Chiefs is expected to generate a record-setting ...