The home office deduction could provide a tax break on your 2024 return. Here’s who qualifies and how to claim it.

Itemizing your taxes is great when you are a homeowner. As you file taxes for the 2024 tax year, there are some deductions ...

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take ...

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

If you lived with another person in 2024 If you lived with another person at any time in 2024 and in the first 60 days of 2025, you need to determine who can claim the deduction for child care ...

There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...

On top of a new presidency, changing economic tides and more, we have another crucial money event to focus on soon: tax ...

The IRS might want to verify that you're actually eligible for the home office deduction. Plan to keep copies of all your ...

Barron Trump made his first public appearance at New York University since his father Donald Trump's massive election win and ...

As of the start of 2024, small companies meeting certain qualifications were required to file beneficial ownership information reports (BOI) with the Department of the Treasury’s Financial ...

Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 crore.