Remote work has radically changed our conception of "the office." The Pew Research Center estimates that 14% of all employed ...

Looking ahead to your 2025 taxes and wondering about standard tax deduction amounts for each filing status? Here's what's ...

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

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 ...

New guidance from the IRS clarifies when scam victims can deduct their losses. Investment cases are among the most clear-cut.

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

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