Is this meal tax deductible? Knowing the answer can help business owners lower their 2024 taxes and avoid IRS headaches.

Generally, a standard deduction is the best choice for taxpayers whose total itemized deductions do not add up to more than ...

See our cheat sheet on the taxes, breaks and business deductions that apply to workers who get 1099s.

Whether the deduction limit is raised, eliminated or extended, there are steps taxpayers can take to minimize their tax ...

Tax time is stressful for everyone, but there may be some good news for seniors receiving medical care in their homes, assisted living communities, skilled nursing settings or other senior living ...

As online sports betting booms in the Tar Heel State, a bill allowing gamblers to deduct losses on their income taxes is ...

WASHINGTON – President Donald Trump laid out a familiar vision of vast domestic policy changes in his joint address to ...

Key Takeaways - Is Interest on Personal Loans Tax Deductible? You can use a personal loan for a variety of useful purposes, ...

President Donald Trump on Tuesday said he wanted to make interest payments on car loans tax deductible – but only for vehicles made in the U.S.

The rules are strict around who is eligible to deduct a home office, and calculating the deductions can be complicated.

The Trump administration has committed to sweeping action on tax policy. Learn more about the top five tax policy changes ...

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