For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state ...

Fact checked by Vikki Velasquez Pets are cherished members of many families, and in some cases, they go beyond companionship ...

Certain homeownership, business and healthcare deductions could significantly lower your tax bill. Here's how.

When you sell your home, you may owe capital gains tax on the profit from the sale. The IRS calculates this by subtracting ...

Home equity loans and home equity lines of credit (HELOCs) have multiple advantages for homeowners. Since home values are ...

The Internal Revenue Service issued a memo last month that said victims of certain impersonation and investment schemes might ...

When you're on a fixed income, every dollar counts. Therefore, it's important to take full advantage of tax breaks that can ...

The main questions regarding the SALT cap are how big an increase it will be and how much it will cost in the context of the ...

President Trump has suggested stripping Harvard of its tax-exempt status, a step that experts say would be unusual and face ...

Make sure you have all the info you need to get the biggest tax refund. Tax season has flown by, and if you haven't filed ...

In an old sitcom, the lead character tried to deduct a Thanksgiving turkey when she couldn't afford her taxes. While that ...