Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

W ith tax season officially underway, you'll need to know the standard deduction amount you can claim for 2024. After all, most taxpayers opt to take the standard deduction rather ...

The bills would increase deductions on the taxable income of Americans over the age of 65 and enjoying Social Security ...

Republicans are looking to cut or eliminate nearly a dozen student loan and federal aid programs administered by the ...

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number ...

Oklahoma Sen. James Lankford introduces a bill to prevent marijuana businesses from deducting business expenses from their ...

There are also various tax credits, deductions and benefits available to you to reduce ... is calculated in the same way as your federal income tax.

By C. Robert Holcomb and Gary Hachfeld, University of Minnesota Extension The new “2007 Ag Income Tax Update for Farm Families” from University of Minnesota Extension outlines tax law changes ...

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

Gillibrand, LaLota, Suozzi say lifting the $10,000 federal income tax cap on state and local tax deductions, or SALT, is the ...

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often, and the value of the deduction increases with the price of a home,” ...