Elon Musk previously created confusion of whether the IRS Direct File program was available. Some fintechs are offering free ...

If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

Claiming a tax deduction for mileage can be a good way to reduce how much you owe Uncle Sam, but not everyone is eligible to write off their driving costs. In the past, taxpayers had more options ...

Maryland Gov. Wes Moore wants to join nearly a dozen states that have eliminated itemized tax deductions, a move state officials said would alleviate financial uncertainty amid the federal tax rewrite ...

In order to file your taxes, you'll need to gather all tax forms with information documenting your income. You’ll also need ...

As the IRS and the state begin accepting tax year 2024 returns Jan. 27, the Oregon Department of Revenue is offering taxpayers a list of suggestions to aid in efficiently ...

Owner-operators' standard per-diem deduction got a boost for the 2025 tax year, while options for depreciating equipment have ...

Tax benefits for home office expenses remain elusive for many. While freelancers and small-business owners can still claim ...

Tax season is upon us, and you might be wondering if you should tackle filing yourself or hire a tax preparer to do it for you. Tax professionals can be a big help with taking the stress out of ...

Small-business owners and freelancers who work at home can still itemize tax deductions for expenses like rent, mortgage ...

Very few people like tax season, but missing out on valuable deductions could mean leaving money on the table. Many taxpayers ...