Taking deductions when filing your taxes can reduce the amount you owe. But there are two different ways to claim deductions, ...

President Donald Trump’s tax package could include changes to the SALT deduction limit. Here’s who could benefit.

The Form 1040 is an official document used by U.S. taxpayers to file their annual income tax returns. It includes sections for reporting income and deductions, which help calculate the tax owed or the ...

If you buy a car that was made in this country, President Donald Trump wants you to be able to deduct the interest. The White ...

But for some taxpayers, it is still worth exploring the potential of itemized deductions, as overlooking it in favor of simplicity could "leave a significant amount of money on the table for Uncle ...