Chong is charged with making false entries in her individual income tax returns for 2021 and 2022. This resulted in a tax ...

While the "One Big Beautiful Bill" signed into law by President Trump on July 4 didn't eliminate taxes on Social Security ...

As the famous saying goes, there are only two certainties in life: death and taxes. And every taxpayer should be aware of major changes to the tax code for the 2026 tax year. These include the tax ...

Taxpayers can act now to make the most of an increase in state and local tax deductions when they file 2025 taxes in the ...

Workers 50 and older are allowed to make catch-up contributions on top of this standard limit. Those aged 50 to 59, or 64 or ...

35% cap on deduction value: For only those in the top 37% tax bracket, the tax benefit from all itemized deductions (not just ...

Tax policy set to change in 2026 could shrink charitable deductions for higher earners, reshaping year-end giving and ...

Championship side Sheffield Wednesday have filed for administration and will be slapped with a 12 point deduction.

Tax deductions can lower the amount of income that is subject to tax. Here's more on how tax deductions work, plus 25 tax breaks that might come in handy.

The standard deduction changes each year based on inflation. How much of a deduction you're entitled to depends on your age, filing status and other factors.

Joy Taylor: Yes. Taxpayers who itemize on Schedule A can deduct qualifying medical expenses to the extent that the total ...

Tax dependents are either qualifying children or qualifying relatives, and they can score you some big tax breaks. Many, or all, of the products featured on this page are from our advertising partners ...