Being self-employed can be enormously rewarding, offering professional independence, a pleasing absence of bosses and the thrill of building something on your own. The down side? Taxes, for one. The ...

Are you getting all the tax deductions you’re entitled to? Take a look at what fellow taxpayers at your income level are claiming. If your writeoffs are comparatively meager, you might be inspired to ...

You don't need to itemize to enjoy these generous tax breaks. Itemizing on your tax return is a great way to benefit from a host of tax breaks the IRS makes available to filers. But for itemizing to ...

It might be challenging to think of the Internal Revenue Service as offering taxpayers choices. After all, income taxes aren’t optional. However, the IRS empowers you with one clear choice every time ...

About 144 million Americans may qualify for the 2026 universal charity deduction, while high earners face new IRS limits.

The centerpiece of the Republicans' proposed "Tax Cuts and Jobs Act" is its claim to reduce taxes for middle-income Americans by lowering tax rates and increasing the standard deduction. However, for ...

I bought my house in November of 2004 but I only paid $1900 for points, interest, and taxes. My Itemized deductions came out to be less than my standard deduction. Do I lose the benefit of buying the ...

People are fat. No, no....not you. You've never looked better. I was talking about everyone else. Well, not everyone else, but the statistics are pretty bleak. Two out of every three Americans are ...