Tax Write-Off vs. Tax Deduction vs. Tax Credit: What’s the Difference?
While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, ...
CNET on MSN2d
Own a Home? Here's How the Mortgage Interest Deduction Will Lower Our Tax Bill
Like most filers, we usually take the standard deduction, but itemizing our taxes is saving us money this year.
The Herald-Mail2d
Gov. Moore’s proposed tax breaks could mean service cuts in lower-income counties
Maryland Gov. Wes Moore is proposing tax reform that could double the state's standard deduction and end the practice of itemized deductions.
Maryland Daily Record4dOpinion
Businesses gear up for fight against MD Democrats’ proposed tax on services
Maryland’s business community is working to beat back a proposed 2.5% tax on business-to-business services in the state.
6 Proven Strategies to Boost Your Tax Refund
Maximize your tax refund with strategies like adjusting your withholding, contributing to retirement accounts, taking ...
SmartAsset on MSN4d
Average Itemized Deductions in Some States Reach Over $50k. Are You Getting the Most Out of Your Tax Return?
Should you itemize your taxes? Most taxpayers take the standard each year. The Tax Policy Center estimates that only about 10 ...
AARP4d
How Family Caregivers Can Get the Tax Breaks They Deserve
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 ...