Some might be. In general, most closing costs are not tax-deductible. This is because the IRS regards them as part of the ...

The state of Indiana offers two different property tax deductions to certain veterans: a $14,000 deduction and a $24,960 ...

The IRS offers various tax breaks for homeowners that can help lessen the financial burden associated with homeownership.

Currently NJ residents are limited to a deduction on federal income taxes of $10K for what they pay in state income and property tax ...

The vast majority of taxpayers choose to take the standard deduction since it's much easier than itemization, and you don't ...

These deductions can lower your taxes and are available to taxpayers across various income brackets and situations.

Should you itemize your taxes? Most taxpayers take the standard each year. The Tax Policy Center estimates that only about 10 ...

Don’t leave money on the table when you prepare your 2024 income taxes. We’re here to help you claim all the expenses you can ...

Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income. Brackets may change. The standard deduction could fall.

Nicholas Mirkay, Associate Dean for Academic Affairs and Professor of Law at the William S. Richardson School of Law, joins ...

Nearly half the states in the country have some sort of tax benefit for renters. Not everyone qualifies, though.