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.

Whether the deduction limit is raised, eliminated or extended, there are steps taxpayers can take to minimize their tax ...

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

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 ...

A nonrefundable credit can reduce your tax liability to zero but not below that. Refundable credits can reduce your liability ...

A federal income tax limit of $10,000 on deductions for state and local taxes — of particular interest to New Jersey residents with high tax bills — will expire at year's end, leaving the White House ...