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

W ith tax season officially underway, you'll need to know the standard deduction amount you can claim for 2024. After all, most taxpayers opt to take the standard deduction rather ...

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).

AI and taxes: a perfect match or a disaster waiting to happen? Tax preparation is changing fast, but AI still has flaws. Here's where AI tax tools shine, where they fail, and how to use them wisely.

If you lived with another person in 2024 If you lived with another person at any time in 2024 and in the first 60 days of 2025, you need to determine who can claim the deduction for child care ...