With taxes, it can pay to keep things simple. These 5 tax deductions let you trim your tax bill without itemizing.

While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, ...

The IRS allows deductions for the cost of a ransomware attack as a business expense, as long as you can provided receipts of the cyber attack.

Like most filers, we usually take the standard deduction, but itemizing our taxes is saving us money this year.

Gov. Wes Moore plans to change how Marylanders take deductions on their state income taxes, but officials in some of the state’s poorest counties say that plan could force them ...

Maryland Gov. Wes Moore is proposing tax reform that could double the state's standard deduction and end the practice of itemized deductions.

Maryland’s business community is working to beat back a proposed 2.5% tax on business-to-business services in the state.

Maximize your tax refund with strategies like adjusting your withholding, contributing to retirement accounts, taking ...

Should you itemize your taxes? Most taxpayers take the standard each year. The Tax Policy Center estimates that only about 10 ...

for that year and if your total itemized deductions are more than your standard deduction. You'll want to keep a clear and organized backup documenting any deduction, including receipts and a log, to ...

Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security ...