Some might be. In general, most closing costs are not tax-deductible. This is because the IRS regards them as part of the ...

As taxpayers finalize their 2024 tax returns for the April 15 deadline, people who suffered casualty losses from recent ...

But the cost to the state would be hefty: an estimated $334 million in the short term and over $200 million annually afterwards, according to a nonpartisan fiscal analysis.

If you opt for the standard mileage rate (67 cents per mile for tax year 2024), you calculate your deduction based on the ...

For student loan borrowers, tax season's creeping up, and if you're wondering how much you can shave off your 2025 taxes with ...