The Inflation Adjustments announced by the IRS affect some amounts in credits and deductions for 2025, for the better, as tax ...

Nearly half the states in the country have some sort of tax benefit for renters. Not everyone qualifies, though.

If you haven't filed yet, you might want to know that there are new federal income tax brackets for tax year 2024. Every year ...

The Tax Cuts and Jobs Act, or TCJA, Trump’s sweeping overhaul of the tax code, is expiring at the end of this year. Here’s ...

The IRS offers various tax breaks for homeowners that can help lessen the financial burden associated with homeownership.

Here’s what to know about tax season and Tax Day, a quick explainer on how tax breaks work and a list of 10 strange, creative ...

With tax season here, understanding whether to itemize deductions or take the standard deduction can help you maximize ...

The tax code includes a number of deductions and credits that reduce what you actually hand over. Understanding how much you owe the federal government, and how much you're ultimately responsible ...

This tax season, my household is claiming the mortgage tax deduction. So we're doing that dreaded thing everyone whispers about: itemization. Like most taxpayers, our household usually takes the ...

The potential cap, which would limit how much philanthropic donors can deduct from their state taxes, adds to a climate of ...

A Mumbai resident plans to buy a flat in Bhubaneshwar for investment, seeking tax benefits on a home loan. Deductions under ...