As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations ...

These deductions can lower your taxes and are available to taxpayers across various income brackets and situations.

Like most filers, we usually take the standard deduction, but itemizing our taxes is saving us money this year.

Nearly half the states in the country have some sort of tax benefit for renters. Not everyone qualifies, though.

The 2025 tax season is underway. Claiming the standard deduction instead of your actual deductions is much easier, but it ...

The IRS offers various tax breaks for homeowners that can help lessen the financial burden associated with homeownership.

A tax deduction is an amount of your income that isn’t taxed due to certain qualifying factors and non-taxable payments. “There’s very few of those right now that most people can take. But it’s ...

WASHINGTON – President Donald Trump laid out a familiar vision of vast domestic policy changes in his joint address to ...

Whether the deduction limit is raised, eliminated or extended, there are steps taxpayers can take to minimize their tax ...

The state of Indiana offers two different property tax deductions to certain veterans: a $14,000 deduction and a $24,960 ...

A new bill in North Carolina aims to provide an income tax deduction for tips and bonus pay, potentially benefiting many ...

A financial advisor could provide guidance on eligible deductions and tax compliance. Tax deductions can help homeowners offset some of the costs associated with property ownership, potentially ...