Since we withdrew money from our 401 (k), we expect to owe the IRS money this year. However, by itemizing and deducting the interest paid on our mortgage debt, along with several additional tax breaks ...

The Tuition and Fees Deduction was phased out, but there are two main credits still available. Learn more about college ...

Self-employed Uber and Lyft drivers can maximize tax deductions by tracking vehicle expenses, tolls, phone usage, and service ...

With tax season here, understanding whether to itemize deductions or take the standard deduction can help you maximize ...

Hawaii taxpayers have a new way to see how much state income tax relief they should receive through 2031 under historic ...

Depending on what you've spent, claiming your medical expenses can get you a bigger refund. We walk you through everything ...

"Maximizing your deductions to lower your tax bill will help offset the impact of taxes on your retirement income and leave more money for you to spend in retirement," he says. Nearly 47 million ...

Be aware of the income limits associated with IRAs and Roth IRAs to see if you're eligible for a tax deduction. You might decide to set up automatic contributions going forward to save on a ...

Income tax rules require taxpayers to submit advance tax if their overall tax liability for the financial year exceeds Rs ...

Here are some key tax moves seniors should make before the April 15 tax filing deadline: ...

Do you follow the new tax regime or the old tax regime? Will you switch to the proposed new tax regime once it is implemented ...