The One Big Beautiful Bill Act introduces some changes that may make it beneficial for more taxpayers to go back to itemizing ...

The One Big Beautiful Bill Act will impact the way you pay taxes this year, especially if you plan to use itemized deductions ...

Taxpayers face a choice that directly affects their finances: deciding which deduction method offers the greatest benefit for ...

Until enactment of the One Big Beautiful Bill Act, officially P.L. 119-21, the availability of a below-the-line deduction that was not the standard deduction or an itemized deduction was a rare event.

About three or four times a year, a client will offer a tip to Bill Nemeth for his work on their tax return. Accounting Today is a leading provider of online business news for the accounting community ...

OHIO — A new study by the Shirazi Law Firm has found that Ohio has the third most wage theft violations in the country. The ...

Thanks to the One Big Beautiful Bill ACT (OBBBA), some taxpayers can now take greater advantage of the state and local tax ...

Realtor.com broke down the 10 states and 10 metropolitan areas with the highest percentage of properties with taxes over $10,000.

For many taxpayers, the standard deduction makes it unnecessary to itemize. However, this also limits which deductions you can claim, including donations to charity. Recent tax changes have affected ...

The new deduction also has income limits that phase out the deduction as owners earn more. The limit for single filers is $100,000 of adjusted gross income, and $200,000 for those married filing ...

Discover tactics used by wealthy families to reduce tax liability.

Tax professionals warn that improper donation reporting is triggering audits and penalties for well-meaning taxpayers.