Navigating the complexities of homeownership in the United States involves understanding which expenses are deductible and ...

As the current tax season continues and early filers look for their refunds, Ohio's Department of Taxation outlined new changes for the 2024 tax filing season, including updates to the agency's tax ...

Robert Powell: The Tax Cuts and Jobs Act was enacted in 2017 and was scheduled to sunset after 2025, but who knows in the wake of the federal election. Here to talk with me about this is Noah Harden, ...

(or even yourself) in a tax-advantaged way. Although 529 savings plan contributions aren't deductible on your federal income ...

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

The IRS doesn't have a "conscientious objector" type of exemption, not for political or religious reasons. The government expects you to pay tax on all your income as you earn it, which means that if ...

So, what are your changes of being audited? Regardless of income, your chances of being audited are pretty slim. Of the ...

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

As tax season rolls around, you may have a number of questions on your mind — including whether your mortgage interest is tax deductible in 2025. The short answer is yes, but whether or not ...

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

If you've been paying for health insurance premiums and want to know whether those payments are tax deductible, you're in the ...