Standard deduction: This is the set amount that taxpayers can deduct from their taxable income. The standard deduction for ...

Drivers are looking a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 federal ...

You don't need to itemize to save on taxes in 2026. These 13 overlooked deductions and adjustments can lower your taxable ...

A mismatch sends up a red flag and causes the IRS computers to spit out a bill that the IRS will mail to you (these letters ...

From self-employment tax on your side hustle to surprise bills when debt gets forgiven, these seven tax obligations catch ...

The 2026 tax season will soon be underway and some Americans could be receiving heftier tax returns this year.

There’s an important capital gains tax exclusion you might qualify for if you sell your home. The exclusion is worth up to ...

H&R Block offers four service tiers. Its robust free plan, Free Online, supports Form 1040 and various situations, including ...

As the fiscal landscape shifts, new regulations on wagering income take effect, sparking debate between legislative action ...

Do you know what a W-2 is? The IRS opening 2026 tax season later this month, and you will need your W-2 to start the ...

Social Security numbers (SSNs) must be shown on the return for each child for whom the credit is being claimed, but also, new ...

Used or leased vehicles do not qualify. The deduction begins to phase out for single filers with a modified adjusted gross ...