while 45% of taxpayers making over $200,000 itemized, according to the Bipartisan Policy Center. Homeowners who itemize their tax returns can deduct the property taxes they pay on their residence ...

Tax season can be complicated, and for many people, the biggest concern on April 15 each year is not just how much they owe, but how long they have to pay. After all, millions of Americans find ...

The home office deduction could provide a tax break on your 2024 return. Here’s who qualifies and how to claim it.

From summer camps to smart home devices, here are four categories of expenses to consider adding to your list.

When you have a traditional job, your employer withholds part of your paycheck for taxes, but when you’re an independent contractor, you’re responsible for withholding tax money on your own.

Taxes are indispensable for the functioning of a state as it provides essential services and acts as a source of provision of necessary public goods. State power also manifests itself through ...

You can use the IRS’s online Tax Withholding Estimator. Your second option is to use the Multiple Jobs Worksheet that's provided on page 3 of the W-4 form along with detailed instructions.

Courtney Johnston is a senior editor leading the CNET Money team. Passionate about financial literacy and inclusion, she has a decade of experience as a freelance journalist covering policy ...

Property tax rates have risen nationwide, creating challenges for many homeowners, including retirees. Data show that last year’s property tax bills increased by as much as 30% in some places.

Online tax software can help you file your tax return faster. Here's how to pick the right filing service. Danni Santana has spent seven years as an editor and business journalist covering ...

New York state has nine income tax rates, ranging from 4% to 10.9%. Tax credits and deductions, filing status and residency status can influence what you pay. Many, or all, of the products ...