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

A s the tax season looms, it's crucial to understand the tax credits that can help reduce your financial obligations to the ...

New guidance from the IRS clarifies when scam victims can deduct their losses. Investment cases are among the most clear-cut.

HDFC Bank Customers under the private bank can earn up to 7% annual interest through five-year fixed deposit (FD) schemes but senior citizens receive an additional 0.5% rate benefit. The interest rate ...

Being smart with your year-end finances can help your farm’s bottom line. Learn more in this guide to maximizing tax ...

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

A tax credit directly reduces a person’s actual tax liability, or tax bill. Unlike deductions (which reduce income before ...

Deciding how to choose your tax status seems like it should be easy. But it's often not. The Internal Revenue Service says filing with the wrong tax status is one of the most common errors that ...

The Tax Cuts and Jobs Act, or TCJA, Trump’s sweeping overhaul of the tax code, is expiring at the end of this year. Here’s ...

With tax filing season for 2024 returns in full swing, it's important that clients take all deductions and credits that they ...

The amount you can deduct depends on whether the project impacts the entire home or just the office. Home office improvements, however, are not tax deductible as they are classified similarly to ...

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