Very few people like tax season, but missing out on valuable deductions could mean leaving money on the table. Many taxpayers ...

According to reports, about 9,000 people donated Rs 5 lakh or more in the financial year 2020-21 and claimed tax exemption ...

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

Gov. Wes Moore plans to change how Marylanders take deductions on their state income taxes, but officials in some of the state’s poorest counties say that plan could force them to cut services.

Tax avoidance involves using laws to minimize tax liability, while fraud involves illegal activities to evade paying.

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

Maximize your tax refund with strategies like adjusting your withholding, contributing to retirement accounts, taking advantage of tax credits, and more.

IRS Forms 1099 for lawsuit settlements are common. They are issued to the plaintiff, lawyer or both, often for 100% to each.

You can cut through the confusion of whether a Roth IRA or Traditional IRA will be your best bet by asking yourself six ...

Often federal tax returns are denied because of errors made by the taxpayer. These errors are often easily fixed if ...

Bonus depreciation is a good idea, an auto interest deduction isn’t.

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