This tax season, my household is claiming the mortgage tax deduction. So we're doing that dreaded thing everyone whispers ...

What's the difference between standard and itemized deductions? Here's what it could mean for your 2025 tax refund.

According to a SmartAsset 2025 survey, Where Americans Write Off the Most in Taxes, taxpayers from the Garden State have ...

Here’s the good news: You don’t need to itemize deductions to take advantage of valuable tax breaks and reduce your taxable income. Every year at tax time, you need to choose between claiming ...

The Tax Policy Center estimates that only about 10% of households itemize their taxes. This is in large part because the standard deduction is $15,000 per person for individual filers ($30,000 ...

The 2025 tax season is underway. Claiming the standard deduction instead of your actual deductions is much easier, but it ...

The IRS offers various tax breaks for homeowners that can help lessen the financial burden associated with homeownership.

In order to take advantage of the mortgage interest tax break, we have to itemize and file Schedule A of Form 1040 to prove we have tax deductions amounting to over $29,200, which is the standard ...