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

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

The potential cap, which would limit how much philanthropic donors can deduct from their state taxes, adds to a climate of ...

The tax code allows deductions for qualified miles driven for business, medical, moving and charitable purposes. But to claim ...

The rally featured speeches from Gov. Mike Braun and Lt. Gov. Micah Beckwith. Lawmakers are still debating bills to provide ...

No tax is required to be deducted at source under Sec. 195, if the amount paid by resident Indian end-users to non-resident, ...

The IRS has announced inflation adjustments for 2025, bringing positive changes to tax credits and deductions. These ...

While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, you are only reducing the amount of income subject to tax, but a credit ...

Hawaii taxpayers have a new way to see how much state income tax relief they should receive through 2031 under historic ...

Jamie Carragher, Gary Neville and the rest of the Sky Sports pundits have been warned to ‘stick to the facts and avoid ‘snap ...

The Inflation Adjustments announced by the IRS affect some amounts in credits and deductions for 2025, for the better, as tax ...

When it comes to taxes, high-net-worth individuals and business owners have access to some creative ways to legally deduct ...