Since we withdrew money from our 401 (k), we expect to owe the IRS money this year. However, by itemizing and deducting the interest paid on our mortgage debt, along with several additional tax breaks ...

A tax credit directly reduces a person’s actual tax liability, or tax bill. Unlike deductions (which reduce income before ...

Cash App Taxes functions just like any other tax filing software but lets you file federal and state taxes for free.

There's a strong argument to be made for borrowing with a HELOC over a cash-out refinance now. Here's what to know.

When my wife pointed out that our combined income would affect our Roth IRA contributions, I realized I needed to learn more ...

Homeowners have two choices when claiming deductions to reduce their taxable income: the standard or itemized deduction. But ...

It is not widely known that even if you are not yet divorced, if you did not live with your spouse for the last six months of ...

The Head of Household filing status has been a part of the IRS Code since 1951. It was created to provide tax-relief to single-parent households.

I have potential new clients reach out who have not filed income taxes for several years. For some reason they have come to ...

The steady decline of defined-benefit (DB) pension plans has led to the creation of new pension models aimed at helping ...