If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

The IRS provides tax credits for a wide range of expenses you pay during the tax year but the rules can be complicated. Find ...

Navigating the U.S. tax system can be daunting, but understanding its intricacies can lead to significant savings. By ...

Keeping more of your money in retirement is paramount, and tax time provides ways to protect and maximize your nest egg. Here ...

Here are 18 small-business tax deductions, some well-known and others less so. These tax deductions can help reduce a business owner's or entrepreneur’s tax bill. Remember, it’s always a good ...

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...

The leader of the tax policy panel in the New Mexico House of Representatives says he wants to renew a tax deduction for ...

“Beyond staying in the government’s good graces, tax season is an opportunity to understand where your business stands ...

The Union Cabinet, chaired by Prime Minister Narendra Modi, had approved the new Income Tax bill last week, news agency PTI reported, citing sources. The bill will now be presented in the ...