Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than ...
Self-employed individuals have their own unique opportunities at tax time. Here are some of the most generous tax deductions available to the self-employed.
In this episode of Tax Notes Talk, Damien Martin and Tony Nitti of EY discuss the second three of their top six tax cases of 2025, focusing on what qualifies as a deduction in Savage v. Commissioner, ...
Tax cuts promise growth—but do they drive corporate investment? This article explains how 2025 tax changes add complexity and ...
You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...
Property taxes and sales taxes can outweigh the savings from no state income tax, especially for retirees on fixed incomes.
You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...
The 2018 Tax Act created a new deduction for qualified business income earned by an individual. The basic deduction is 20% of ...
The proposed regulations clarify points including the interaction of qualifying occupations for which tips are customarily received with ineligible specified service trades or businesses.
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 ...
Don't let tax season catch you off guard. We break down the key differences on a W-2 and 1099 forms that directly impact your tax refund.
Tax avoidance strategies aren’t solely for the rich — plenty of tax deductions and credits are available for middle- and low-income taxpayers to seize too.