For detailed instructions, refer to the tip sheets Create a New Expense Report and Complete the Expense Report Header. When finished, click the Itemization tab next to the Details tab (Figure 3).

The state’s regulator wants insurance carriers to pay full policy limits without requiring victims to itemize every object in ...

Taxpayers' other option is to itemize deductions. Itemizing is composed of individual deductions that, together, can help lower the amount of taxable income you pay. Read on to discover the pros ...

Tax season has arrived, and with it comes the question: to itemize or not to itemize? Every year, millions of American taxpayers must choose whether to take the standard deduction the Internal ...

Standard versus itemized deduction: Which one should you claim? This question may be weighing heavily on your mind as you prepare to file your taxes, so let this guide help you decide which ...

No matter how much or little you earn in a given year, you can claim a standard deduction. The standard deduction is standard for a reason. Most people won’t find more than $15,000 worth of ...

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 ...

When preparing their taxes, filers often forget to gather receipts for valuable itemized tax deductions. While the vast majority of taxpayers will now take the standard deduction instead of ...