Governor’s proposal means greater reliance on standard deduction, a potentially costly move for some taxpayers.

Preparing your IRS taxes for the first time may seem daunting, but here are some return preparation and filing tips to start.

Maryland Gov. Wes Moore wants to join nearly a dozen states that have eliminated itemized tax deductions, a move state officials said would alleviate financial uncertainty amid the federal tax rewrite ...

I write about money. I’ve been reviewing tax software and services as a freelancer for PCMag since 1993. Along the way, I took on reviews of other types of business and personal finance technology.

Peter is a writer and editor for the CNET How-To team. He has been covering technology, software, finance, sports and video games since working for @Home Network and Excite in the 1990s.

The best-known tax break is most likely the mortgage interest deduction. It may also be the least understood. There are two keys: You must file an itemized tax return. There are annual loan amount ...

You might not be keen on doing taxes on your smartphone because it may seem difficult and tedious, but there are many reasons why it might be a great idea for you: It's convenient. Not everyone ...

Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a ...

Tax pros report confusion—and maybe some wishful thinking—among clients about whether they still need to file their 1040s and pay their taxes. Yes, you must file. The IRS is open for business ...

If your deductions exceed those amounts, you should probably itemize them to reduce your taxes. Usually, the move to itemized deductions comes after a major life change, said Mark Steber ...

Now Big Tech lobby groups say they plan to use trade negotiations to push back strongly against the U.K.’s digital services tax. And campaigners fear U.S. tech firms could seize on the prime ...

Tax season is now open, and the last thing you want to do is pay money to, well, prepare your return and pay your taxes by April 15. Thankfully, more taxpayers are eligible to file their taxes for ...