The IRS has announced inflation adjustments for 2025, bringing positive changes to tax credits and deductions. These ...
This tax season, my household is claiming the mortgage tax deduction. Last year, we paid a lot in mortgage interest -- more ...
With tax season here, understanding whether to itemize deductions or take the standard deduction can help you maximize ...
The Inflation Adjustments announced by the IRS affect some amounts in credits and deductions for 2025, for the better, as tax ...
Filing taxes can feel like a puzzle, especially when figuring out if you can file for free. While tax software makes the ...
The alternative minimum tax (AMT) can reduce or eliminate the benefit of the standard deduction for certain taxpayers, particularly those with higher incomes or specific types of tax-preference items.
Through February 2025, the average tax refund was $3,182. That's a 6.3% increase from the same period in 2024.
The Tax Cuts and Jobs Act, or TCJA, Trump’s sweeping overhaul of the tax code, is expiring at the end of this year. Here’s ...
Tax season has a way of creeping up before you know it, leaving many scrambling for deductions and ways to trim their tax ...
The 2025 tax season is underway. Claiming the standard deduction instead of your actual deductions is much easier, but it ...
It is not widely known that even if you are not yet divorced, if you did not live with your spouse for the last six months of ...