“There are two valuable credits that the IRS reports one out of five people miss every year. The Earned Income Tax Credit is ...

There are some tax advantages that come with homeownership. Here's what to know and when you might want to consult a pro.

If you had substantial health care expenditures last year, you may be able to deduct some of them from your taxable income.

Trump proposes tax deductions on auto loan interest for U.S.-made cars, but analysts question if savings will offset ...

Every parent hopes their children will someday attend college and change the world. The reality is that not every child can ...

With this year's tax filing deadline quickly approaching, it's important for self-employed individuals to get a clear sense ...

President Donald Trump and House Speaker Mike Johnson are working on creating a new tax deduction for interest paid on auto ...

President Donald Trump floated a new proposal that would allow Americans to deduct interest payments on car loans for ...

NEXT explains that if you’re an independent contractor, it’s your job to pay taxes on your own—and you’ll want as many 1099 ...

The amount you can deduct depends on whether the project impacts the entire home or just the office. Home office improvements, however, are not tax deductible as they are classified similarly to ...