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

"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...

You don't buy a house for the tax deductions. It's just a nice side benefit. And usually very much appreciated, considering all the extra expenses associated with homeownership. Here are eight tax ...

Here’s a breakdown of what you can still claim under the revamped system. Deductions For salaried individuals who opt for the new tax regime, there’s a standard deduction of ₹ 75,000 ...

Many Americans may think that because they work from home, they can take tax deductions for a portion of their rent, ...

More people are making legal sports bets on the Super Bowl and March Madness. But what do gamblers need to know at tax time?

Tax Deductions: Here are some expected tax deduction terms you should know ahead of the budget. Union Budget 2025: The Union Budget is a crucial document that gives an insight into the government ...

You can significantly reduce your taxable income and improve your financial health by leveraging commonly overlooked deductions. Below, let’s explore critical small business tax deductions ...

If you're searching for tax deductions as a homeowner, renovations and remodels might not be the best place to look. There are some tax benefits to specific home improvements, especially if they ...

How is it different from tax deductions? Tax deductions are claims made to reduce taxable income from various investments and expenses incurred by a taxpayer, reducing the overall tax liability.

WASHINGTON — Legislation reintroduced in the House of Representatives seeks to encourage employer support by reestablishing a ...

Many Americans may think that because they work from home, they can take tax deductions for a portion of their rent, utilities and more. Not so fast. Not everyone qualifies to do that. Wage ...