From summer camps to smart home devices, here are four categories of expenses to consider adding to your list.

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

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

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

Now, though, there’s optimism that new legislation will allow the limit to go up. Trump wants the cap lifted, and influential ...

Here are 18 small-business tax deductions, some well-known and others less so. These tax deductions can help reduce a business owner's or entrepreneur’s tax bill. Remember, it’s always a good ...

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 ...

People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.

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