tax deductions

Before the Tax Cuts and Jobs Act of 2017, people could reduce their tax bill by claiming various tax deductions. When the act passed, the standard deduction was raised much ...

Commentary My income tax is due in a few weeks! I hate it. I’m pretty good at math, ...

The deduction, applicable to both electric and gasoline vehicles, has risen by nearly 20 percent from 2021.

Homeowners can take advantage of many tax deductions that are available to them. The Internal Revenue Service (IRS) ...

After you have suffered loss from a federally declared disaster, you can deduct some of those losses on ...

Gaming giant Crown has been slapped with a $20 million (US$13.8 million) fine for failing to pay its fair ...

More and more people are becoming gig workers due to the massive layoffs in recent days. It can ...

New changes to the Internal Revenue Service's policies for 2023 will see lower taxes for some Americans, as ...

Tax time will soon be here. The good news is that there still is time to reduce your ...

During inflationary times, real estate can act like a hedge against inflation. It can also provide some stability ...

These days, almost anyone can start a home business. The opportunities are there, and many of them do ...

When it comes to business tax deductions, one of the most overlooked helps are your auto and transportation fees. This ...

Paying taxes is not something anyone likely enjoys, but finding new ways to legally save more money on ...