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

A home equity loan has important tax benefits that users should remember this filing season. Here's what to know.

For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state ...

The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 ...

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

Under the Tax Cuts and Jobs Act, itemizing homeowners homeowners can deduct mortgage interest on up to $750,000 worth of ...

Standard versus itemized deduction: Which one should you claim? This question may be weighing heavily on your mind as you ...

A nonrefundable credit can reduce your tax liability to zero but not below that. Refundable credits can reduce your liability ...

For the typical pet owner, moving costs are no longer tax deductible. However active duty military members, those who have to ...

Legal betting nationwide for Sunday’s 59th Super Bowl between the Eagles and Chiefs is expected to generate a record-setting ...

For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state and local governments from their taxable income. This federal deduction for ...