Some might be. In general, most closing costs are not tax-deductible. This is because the IRS regards them as part of the ...

As taxpayers finalize their 2024 tax returns for the April 15 deadline, people who suffered casualty losses from recent ...

Richards notes that there are a few states that still allow employees to deduct unreimbursed home office expenses that are required for full-time work. The TCJA is set to expire at the end of 2025, ...

A now-viral Instagram post claims pet parents can deduct pet expenses on their taxes in 2025. Turns out, the claim is true -- ...

For student loan borrowers, tax season's creeping up, and if you're wondering how much you can shave off your 2025 taxes with ...

If you’re self-employed and use your home office exclusively and regularly for that work, you may be able to deduct from your federal taxes a portion of home-related expenses, such as mortgage ...