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

The value of Google’s businesses and the momentum the company is seeing in AI services point to a bright future.

Google was recently ranked the third most valuable brand in the world by Brand Finance. The company’s Gmail, YouTube and ...

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 ...

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

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

Self-employed Uber and Lyft drivers can maximize tax deductions by tracking vehicle expenses, tolls, phone usage, and service ...

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

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 ...

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

Taxpayers who wish to claim income tax deduction must invest in these instruments before March 31. Where can taxpayers invest to claim income tax deduction as they file tax return in July 2025?

When actor Timothée Chalamet made his way through the 1960s-era West Village in last year’s Bob Dylan biopic “A Complete Unknown,” he was actually in Hoboken, New Jersey. That’s a problem ...