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

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 Trump administration has committed to sweeping action on tax policy. Learn more about the top five tax policy changes ...

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

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

The interest you pay on your mortgage could help you lower your taxes. With the mortgage interest deduction (MID), you can write off a portion of the interest on your home loan, lowering your ...

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