These deductions can lower your taxes and are available to taxpayers across various income brackets and situations.

The potential cap, which would limit how much philanthropic donors can deduct from their state taxes, adds to a climate of ...

With tax season here, understanding whether to itemize deductions or take the standard deduction can help you maximize ...

Learn how to save income tax before the March 31 deadline by submitting investment proof. Avoid excess TDS deductions, claim ...

Depending on what you've spent, claiming your medical expenses can get you a bigger refund. We walk you through everything you need to know before filing your taxes.

Here’s what to know about tax season and Tax Day, a quick explainer on how tax breaks work and a list of 10 strange, creative ...

Nearly half the states in the country have some sort of tax benefit for renters. Not everyone qualifies, though.

The IRS offers various tax breaks for homeowners that can help lessen the financial burden associated with homeownership.

Governor Abba Yusuf of Kano State, has on Monday, said plans were underway by the state government to introduce a pay parade ...

IRS penalties are typically assessed for violations of tax laws, such as misreporting income or claiming false deductions or tax credits. The IRS typically assesses penalties along with interest ...

Owning a home comes with costs, but it also provides tax benefits that can lower your taxable income. For those filing taxes ...