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

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

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

With tax season here, understanding whether to itemize deductions or take the standard deduction can help you maximize ...

The interest you pay on your mortgage could help you lower your taxes. With the mortgage interest deduction (MID), you can write off a portion of the interest on your home loan, lowering your ...

Some might be. In general, most closing costs are not tax-deductible. This is because the IRS regards them as part of the ...

This tax season, my household is claiming the mortgage tax deduction. So we're doing that dreaded thing everyone whispers about: itemization. Like most taxpayers, our household usually takes the ...

Although Trump enacted the $10,000 SALT cap in 2017, he reversed his position last year on the campaign trail, vowing to “get ...

We're all familiar with common tax deductions like mortgage interest, charitable donations, and retirement contributions. However, there are plenty of unexpected deductions and other little-known ...

Owning a home is a milestone of personal achievement. And with Tax Day just around the corner, you might be surprised to find ...

This tax season, my household is claiming the mortgage tax deduction. So we're doing that dreaded thing everyone whispers about: itemization. Like most taxpayers, our household usually takes the ...

Owning a home comes with costs, but it also provides tax benefits that can lower your taxable income. For those filing taxes ...