Recent changes have reshaped how this tax deduction works. So, we asked tax and financial experts to answer common questions ...

There are several tax deductions for homeowners, from interest paid on your mortgage to specific home improvements. Find out ...

Tax season kicked off Jan. 27, so it's time to start preparing. While you have until April 15 to file taxes, waiting until ...

Leading the Department of Government Efficiency (DOGE), now officially under the United States Digital Services, Elon Musk ...

The agency has “very sophisticated software” that compares information returns to what’s reported on your filing.

The IRS has made its annual inflation adjustments for more than 60 tax provisions, including tax rate schedules and the ...

The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 of your loan/debt if you’re single or married filing jointly, or $375,000 if ...

Hi! Welcome to Kiplinger's 2025 tax season live blog. Since the IRS started accepting tax returns on January 27, we'll ...

It’s official, the IRS begins accepting 2024 tax filings today. Over 200 million returns will soon start trickling in—and ...

As tax season approaches in 2025, understanding the standard deduction is crucial for reducing your taxable income and minimizing your tax bill.

The Gem State will join 24 other participating states in the IRS’s Direct File program, doubling its participation rate from ...