With taxes, it can pay to keep things simple. These 5 tax deductions let you trim your tax bill without itemizing.
While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, ...
Like most filers, we usually take the standard deduction, but itemizing our taxes is saving us money this year.
Maryland Gov. Wes Moore is proposing tax reform that could double the state's standard deduction and end the practice of itemized deductions.
Maryland’s business community is working to beat back a proposed 2.5% tax on business-to-business services in the state.
Maximize your tax refund with strategies like adjusting your withholding, contributing to retirement accounts, taking ...
Should you itemize your taxes? Most taxpayers take the standard each year. The Tax Policy Center estimates that only about 10 ...
for that year and if your total itemized deductions are more than your standard deduction. You'll want to keep a clear and organized backup documenting any deduction, including receipts and a log, to ...
The IRS offers various tax breaks for homeowners that can help lessen the financial burden associated with homeownership.
The Maryland Catholic Conference warned that the proposed change could have “unintended consequences” on charitable giving in ...
The deadline to file a federal return with the IRS is April 15, 2025. If you need more time, you can request an extension by the April federal tax filing due date. This gives you until Oct. 15 to file ...