The standard deduction nearly doubled as a result of the Tax Cuts and Jobs Act, which went into effect in 2018. For taxes ...

Very few people like tax season, but missing out on valuable deductions could mean leaving money on the table. Many taxpayers ...

Just because you work from home doesn't mean you can deduct a home office on your taxes. Here's how to qualify for the deduction and how to take it.

The post Your Recent Mortgage Statement Holds the Secret to a Big Tax Bonus This Year appeared first on Real Estate News & ...

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

A nonrefundable credit can reduce your tax liability to zero but not below that. Refundable credits can reduce your liability ...

Lowering your taxable income can reduce the taxes you owe. Unlike itemized deductions, which require you to track specific expenses, you don’t have to prove anything to take the standard deduction.

As the tax deadline looms many folks are beginning to take a closer look at their situation regarding their taxes and ...

Oregonians have more options for free online tax prep for the 2025 filing season. Some may qualify for the IRS Free File ...

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

The 2017 Tax Cuts and Jobs Act eliminated unreimbursed itemized deductions for employees, and Congress never brought them back despite a surge in people working from home. The rule runs through ...