This tax season, my household is claiming the mortgage tax deduction. So we're doing that dreaded thing everyone whispers ...

With taxes, it can pay to keep things simple. These 5 tax deductions let you trim your tax bill without itemizing.

What's the difference between standard and itemized deductions? Here's what it could mean for your 2025 tax refund.

The Tax Policy Center estimates that only about 10% of households itemize their taxes. This is in large part because the standard deduction is $15,000 per person for individual filers ($30,000 ...

Although Trump enacted the $10,000 SALT cap in 2017, he reversed his position last year on the campaign trail, vowing to “get ...

Filing taxes for the first time may seem daunting, but it’s usually fairly simple. Here’s what you need to know.

Some might be. In general, most closing costs are not tax-deductible. This is because the IRS regards them as part of the ...

The 2025 tax season is underway. Claiming the standard deduction instead of your actual deductions is much easier, but it ...

Gov. Wes Moore plans to change how Marylanders take deductions on their state income taxes, but officials in some of the ...

In order to take advantage of the mortgage interest tax break, we have to itemize and file Schedule A of Form 1040 to prove we have tax deductions amounting to over $29,200, which is the standard ...