The Danish Tax Agency will begin targeting unrealistically low private consumption of major shareholders in Denmark’s small- and medium-sized enterprises as a potential sign of tax evasion.

Iowa adopted the federal changes, including deductions on overtime pay, while Illinois opted out of the bill’s provisions. Workers who receive qualified tips can deduct a maximum of $25,000, according ...

Washington lawmakers have now introduced the long-awaited income tax on millionaires, and the legislation includes a critical ...

Is HELOC interest tax deductible? It can be if the funds are used for eligible home improvements and meet IRS requirements. Learn more with this guide.

Small business job growth and wage growth last month largely followed the same pattern as late last year, payroll company ...

President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could impact your tax return this season.

The home office tax deduction is a tax break that some self-employed people who work from home can take advantage of. Here's ...

Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...

TurboTax 's free edition lets you report W-2 income, the Child Tax Credit, the Earned Income Tax Credit, deductions for student loan interest and some interest and dividends. According to TurboTax, ...

Learn how comprehensive tax allocation reconciles tax and financial reporting, uncovering discrepancies in income, expenses, ...

You’ll find new deductions and new forms when you file taxes this year, thanks to the One Big Beautiful Bill Act.