During tax season, many taxpayers wonder if their donations qualify for tax deductions. It's crucial to understand that not ...

Small business owners should always work with an accountant at tax season to ensure everything is properly filed. Thankfully ...

Maura Healey that they fear could further strain their budgets. The proposal would cap the state’s tax deduction for ...

With the tax deadline set for April 15th approaching, it's crucial to understand the terms that can reduce your taxable ...

If you itemize your tax return using Schedule A, you may be able to deduct certain charitable contributions. A tax deduction lowers your taxable income, meaning you’ll ultimately owe less to the ...

a United States individual cannot obtain an income tax charitable deduction for donations made to foreign charitable organizations or domestic organizations that are mere conduits for foreign ...

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

Governor Moore’s office responded this afternoon to the report saying: ...

From summer camps to smart home devices, here are four categories of expenses to consider adding to your list.