"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...

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

The "Department of Government Efficiency" reportedly wants to create a mobile app so Americans can file their taxes for free.

For the 2024 tax year (taxes generally filed in early 2025), the EITC is worth up to $4,213 if you have only one qualifying child. That figure increases to $6,960 for two kids and up to $7,830 for ...

A common strategy many wealth management firms recommend is ensuring that as much as 30% of your portfolio includes foreign ...

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

The Tax Policy Center (TPC) recently published analyses of several options to raise the $10,000 State and Local Tax (SALT) ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

A cheat sheet for new brackets, deductions and credits you need to know for filing 2024 taxes and for this year’s tax ...

A tax refund is a reimbursement from the government when you've paid too much in taxes during the year. Here are some options for what to do with that money.

Tax season is officially here, but if you’ve got an online side hustle, there’s a new rule you need to be aware of for the ...