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

However, if you're a remote worker filing your taxes, you still might not be able to claim the home office deduction. The ...

The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 ...

The 2025 tax filing season is underway, and there are several tax benefits that can help homeowners save money this year.

Projects that increase your home's value are typically eligible for a tax exclusion — but most repairs are not.

Find out if you can claim pets on tax returns, which pet-related expenses may qualify for deductions and what the IRS allows.

filing status and any tax credits or deductions for which you qualify. You pay your federal income tax liability through withholding from your paycheck, estimated tax payments (usually if you’re ...

Tax season often brings stress ... Self-employed individuals can also deduct health insurance premiums, provided they meet IRS criteria. Workshops, seminars, and continuing education vital ...

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 ...

According to the National Centers for Environmental Information, 403 weather and climate disasters that cost at least $1 ...

Different tax rules apply to the mortgage interest deduction depending on whether ... as long as you meet certain criteria). Here's a recap of the different scenarios. In addition to the mortgage ...