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

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 ...

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

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

If you're a remote worker filing your taxes, however, you might not be eligible to claim the home office deduction. The home ...

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

Rep. Brooke Green, D-Boise, and Rep. Jeff Ehlers, R-Meridian, introduced a draft bill Thursday that would expand the existing ...

That April 15 tax deadline is coming fast. We’ve got a few tips on what's available for anyone filing an individual income ...

Smoltz and Klesko’s business, Buckelew Farm, accuses the IRS and US Tax Court of violating taxpayer confidentiality ...

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

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

If passed, the Health Care Sharing Ministry Tax Parity Act would designate health sharing payments as tax deductable.