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

Several lesser-known tax credits could help you save even more money. Here are a few you should know about before filing your ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

Tax season opened on Monday, January 27, meaning Americans are now able to file and pay their tax returns for 2024 with the Internal Revenue Service (IRS).

Tax refunds often feel like a financial windfall, but they are essentially a return of your own money. Here are six reasons ...

With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act ...

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

An "enhanced" version of the IRS' Direct File program launched this year, with availability in roughly twice as many states as last year.

In preparation for tax season, Entergy Arkansas is hosting a Super Tax Day Event, where customers will be given free tax prep ...

The post Your Recent Mortgage Statement Holds the Secret to a Big Tax Bonus This Year appeared first on Real Estate News & ...