High-yield savings accounts and CDs were much more profitable in 2024 than in prior years, potentially leaving some taxpayers with a larger tax bill. Experts say there are some ways to defer or offset ...

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

Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...

The home office deduction is a tax break that some self-employed people who work from home can use to lower their taxable ...

If you paid interest on your student loan debt in 2024, you may be able to deduct up to $2,500 from your taxable income.

Withholding tax refers to the amount of income taxes your employer takes from your paycheck to pay your taxes throughout the year. Here’s everything you need to know.

Gig work has been a game changer for many people, allowing them to parlay skills into side work that can add income without ...

The maximum deduction you can claim for each eligible trip is the lowest of the following three amounts: If you take a trip that begins and ends in one year and you are reimbursed the following year, ...

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 employees ...

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 ...

It's officially tax season ... if they offer additional deduction-finding features. Finally, keep records of everything. Here's my guide to creating the ultimate spreadsheet for your taxes ...