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

The president has vowed to eliminate tax loopholes used by sports team owners, many of whom donate to GOP causes.

Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.

Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...

If you’ve got an old, broken-down car taking up space, you might be surprised to learn that it still holds value. Selling a ...

When people donate their vehicle to public radio, they’re able to deduct the amount it sells for from their taxes. There is ...