The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how to choose the option that’s best for you.
Limited partners are not subject to self-employment taxes in a case recently decided by the Fifth Circuit Court of Appeals.
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Home office tax deduction: Who qualifies and how it works
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.
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.
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Are political donations tax deductible? What the IRS says
Are political donations tax deductible? Find out what the IRS allows, plus where state-level exceptions may apply. Read on ...
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