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

Among tax write-offs, deductions, and credits, you have a few different ways to ease the financial burden of paying your ...

The IRS allows deductions for the cost of a ransomware attack as a business expense, as long as you can provided receipts of ...

If you earn less than $150,000, Trump wants to abolish your taxes, says U.S. Commerce Secretary Howard Lutnick.

Like most filers, we usually take the standard deduction, but itemizing our taxes is saving us money this year.

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

Your aging-in-place plan could benefit from the medical expense tax deduction. But watch out for capital gains and property ...

Ohio Senate Bill 89 proposes a tax deduction of $1,500 for fitness expenses like gym memberships and personal trainers. The bill aims to address Ohio's high obesity rate, ranked seventh in the US.

Nearly half the states in the country have some sort of tax benefit for renters. Not everyone qualifies, though.

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

Fortunately, some of these costs are tax deductible. You'll need to itemize your deductions to benefit from these tax breaks, so it's important to calculate whether you can write off enough to ...

For those filing taxes in 2025, deductions like mortgage interest and home office expenses have become more relevant with the rise of remote work. Some tax benefits have been long established ...