One of the best things about being self-employed is that you are entitled to a whole host of tax deductions. Learn More: 7 ...

The $10,000 per federal income tax return cap on the deductions, called SALT, was imposed in 2017 as part of the sweeping ...

Despite efforts by the IRS to educate taxpayers and streamline filing, a significant gap remains between what folks are ...

When you file your 2024 and 2025 taxes, the IRS says they've increased your standard deductions to bring some inflation ...

Tax credits: Dollar-for-dollar reduction Tax deductions: Lowering your taxable income Key differences: Credits vs. deductions Which is better: Credit or deduction? FAQs about tax credits vs.

Learn about the best tax write-offs for small businesses and self-employed individuals to maximize your deductions and reduce ...

The IRS makes changes to federal tax brackets and the standard deduction to account for inflation each year, which could ...

Some financial advisors are readying their clients for the possibility of an extension of the TCJA, which is set to expire at ...

Three recent Tax Court decisions demonstrate the difficulties taxpayers may have in substantiating and proving an NOL ...

Finance expert Ben Nash said it's a simple step to ensure you keep tens of thousands of dollars in your wallet.