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

Many tax deductions, such as charitable donations and business supplies, are well known, but some are more obscure. With tax season upon us, here's a look at how tax deductions work and ...

The 12-item list, which highlights the most common and dangerous scams seen each year, is part of a broader public awareness campaign to educate Americans about tax-season fraud. Though the ...

The logbook method is more onerous but allows you claim more kilometres and can therefore potentially give you a bigger deduction. But if you want to ... tyres and repairs. Tax Invest Accounting ...

Like with almost any dollar you earn in the United States, if you earn rental income, you must report this on your taxes.

Phillips Joey is *** member of the National Association of Enrolled Agents with decades of experience in tax filing. We asked her about the most common personal deductions you could be missing out.

As the deadline for completing taxes looms ever closer, taxpayers across the country are scrambling to gather necessary forms and documents, ensure their numbers are correct and get this ...

But, depending on whether you file jointly or separately, you can reap benefits by taking advantage of the common tax deductions for married couples. Check Out: Trump Wants To Eliminate Income ...

Tax season is almost at an end ... "Try not to exaggerate your expenses and deductions," Ali said, as the IRS can detect if there is an unusually high amount of these. Ensure you correctly ...