Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

For members of the National Guard or military reservists, you can deduct partial travel expenses for attending meetings or ...

Learn how to deduct casualty and theft losses on your taxes effectively. Understand eligibility, criteria, and the filing ...

Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. For an expense to be deductible, the cost must be ...

For a long time, the standard deduction has been a straightforward option for many U.S. taxpayers. It allows most filers to reduce their taxable income without needing to itemize deductions. The ...

Americans who are 65 and older got a hefty new tax break under the massive tax bill that President Donald Trump signed into law on July 4: A new bonus deduction that’s worth as much as $6,000 per ...

If you have a side hustle — or are full-time in business for yourself — you might qualify for self-employment tax deductions. These deductions can lower how much of your income is considered during ...

Homeownership is a fundamental part of the American dream. Despite recent economic challenges, the wish to own a home remains strong. But according to a recent survey by Bankrate, while nearly ...

For decades, the U.S. tax code has subsidized donations by allowing taxpayers to deduct contributions to nonprofits from their income. But only taxpayers who itemize when filing their tax return can ...