The number of incidents of fraud perpetrated against individuals and the resulting loss amounts have both drastically ...

Where you live can have a direct impact on your tax burden. While federal tax deductions remain consistent nationwide, ...

If you live in a state without income tax, you can take advantage of the sales tax deduction if you opt for itemized ...

The Tuition and Fees Deduction was phased out, but there are two main credits still available. Learn more about college ...

Three states challenging a Treasury rule that curbs their programs to circumvent the $10,000 cap on state and local tax ...

A new survey shows Americans want a simplified tax process but are concerned that cuts to the IRS could make refunds this tax ...

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

As millions of Americans wrangle their federal income tax returns for 2024 by the looming April 15 deadline, here are seven ways retirees can lower the amount they may owe the IRS this filing season.

Those who qualify and rely on the internet to conduct business should include internet costs with Utility expenses when ...

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

Michigan taxpayers hit by storms in August 2023 might have good reason now to amend those returns. How they might claim a personal casualty loss.

In fact, federal student loan borrowers could qualify to deduct up to $2,500 of student loan interest per tax return per tax year. You can claim the student loan interest tax deduction as an ...