One of the best things about being self-employed is that you are entitled to a whole host of tax deductions. Learn More: 7 ...

If you have a mortgage, you'll probably receive an IRS Form 1098 in the mail. Your mortgage lender is required to use this ...

The home mortgage interest deduction can help some filers maximize their tax refund. But it’s less useful now than in years ...

Interest paid on a home equity loan may be tax deductible if you use the funds for specific purposes. Find out whether you ...

Electric vehicle charging stations can give you money back on your tax bill. If you install any alternative energy charging ...

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Part of being an American is looking toward Tax Day with either dread or anticipation — no matter how far out it is. Will you ...

Both the standard deduction and itemized deductions reduce the amount of tax you pay in a given year. So which is better?

In 2024, the standard deduction is $14,600 for single tax filers, $29,200 for joint filers, and $21,900 for people filing as ...

Replacing one of the most infamously ineffective tax deductions with a refundable credit would boost homeownership for lower and middle-income households, according to a new study. "The mortgage ...

"The mortgage interest deduction is doing nothing to encourage homeownership right now," said Carl Davis, the research director of the Institute on Taxation and Economic Policy, a nonprofit ...