Small business owners should always work with an accountant at tax season to ensure everything is properly filed. Thankfully ...

Did you know about these deductions? Tax experts say most people miss them, but don’t make that same mistake. Here’s how to get the most money back.

Did you know about these deductions? Tax experts say most people miss them, but don’t make that same mistake. Here’s how to get the most money back.

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

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

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 ...

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 ...

Tax legislation may not be the flashiest topic, but it touches just about everyone in Virginia. The state’s standard deduction is set to expire this year, and Republican and Democratic lawmakers ...

Several taxpayers who reported making donations to political parties and claimed deductions under Section 80GGC have started receiving messages from the Income Tax department urging them to verify ...

Have You Received an SMS from the Income Tax Department about Verification of deductions claimed in your ITR ... there’s no need to panic if your donation claims are legitimate. This is simply a ...

putting the donations that nonprofits rely on at risk. The Tax Cuts and Jobs Act of 2017 nearly doubled the standard deduction, which made it more financially advantageous for many taxpayers not ...