No matter how anxiety-inducing the process may be, the April 15 deadline for filing federal tax returns is approaching.
South Carolinians would keep more money in their paychecks, but get a smaller refund when they file their taxes in 2027.
If you had substantial health care expenditures last year, you may be able to deduct some of them from your taxable income.
Homeowners have two choices when claiming deductions to reduce their taxable income: the standard or itemized deduction. But ...
I have questions concerning the deduction of money from my Social Security benefit amount as it relates to the sale of ...
They tackled two thorny . They debated a bill creating a new state regulatory framework for major water withdrawals, such as ...
In January 2025, fierce wildfires and strong winds devastated parts of California, particularly Los Angeles County, forcing families, individuals, and businesses to face the aftermath of destruction.
Depending on what you've spent, claiming your medical expenses can get you a bigger refund. We walk you through everything ...
your medical and insurance expenses must exceed the standard deduction and amount to at least 7.5 percent of your adjusted gross income (AGI) for the year. AGI is the sum of your wages, dividends, ...
The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a ...
Navigating tax season can be daunting, but you don't need to itemize deductions to enjoy significant tax breaks.
With taxes, it can pay to keep things simple. These 5 tax deductions let you trim your tax bill without itemizing.