Here's a quick explainer on how tax breaks work, five different deductions the IRS offers for parents and what to know about ...

Many members of the U.S. armed forces qualify for special tax breaks that aren't available to other Americans. Some of the ...

President Donald Trump wants to make interest payments on car loans tax-deductible if the car is made in America. Does your ...

Nearly 4-in-10 (39%) of taxpayers are counting on their tax refund to pay for basic necessities, according to a new survey by ...

Asked to explain why this was more than the latest example of a society's priorities run amok, the politicians offered ...

Paying taxes is never fun. But if you're part of America's middle class -- defined as those who earn between two-thirds and ...

In order to take advantage of the mortgage interest tax break, we have to itemize and file Schedule A of Form 1040 to prove ...

State lawmakers are resisting a push by the real estate industry to approve tax breaks designed to attract companies to older ...

Michigan taxpayers hit by storms in August 2023 might have good reason now to amend those returns. How they might claim a personal casualty loss.

Advocates say tax relief such as a child tax credit is needed now as support programs shrink, but federal cuts could ...