Retirees can claim these 7 tax deductions without itemizing. Learn how above-the-line breaks can lower adjusted gross income ...

New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes ...

The Tax Court determined that W-2 wages that are not deductible under Sec. 280E in calculating taxable income are not included when calculating the Sec. 199A qualified business income (QBI) deduction.

As of the 2025 tax year, 16 states and the District of Columbia offer some form of child tax credit, ranging from nonrefundable deductions to fully refundable credits that can generate refunds even if ...

Plus: “No tax on tips” gets more complicated, Taxing Social Security benefits, tax season filing statistics, Taxes From A to ...

Filing in Indiana for 2025? See what income counts, which deductions apply and how Hoosier‑specific credits can lower your tax bill.

Divorce can reshape your taxes. Learn the key changes involving filing status, dependents, alimony, retirement accounts and more.

Governments of all stripes come up with new and unpleasant ways of making our lives a misery. As a former MP, now a member of the House of Lords, my first standpoint has always been to ask a simple ...

The Supreme Court remands Tarbela Steel Re-Rolling Mills’ WHT case back to the tax officer, stating tax obligations depend on the location of transactions in former tribal areas.

Jean Brito pleaded not guilty to five counts of tax evasion and five counts of making false tax returns for his business.

Billionaire Tom Steyer has the chance to do something amazing. The progressive activist, who is worth an estimated $2.4 billion, is running for governor and though he made his for ...