Discover the basics of how the IRS tax refund works. Learn strategies for maximizing them and tips on how to use them wisely.

The majority of adults 73 and older who have to take required minimum distributions (RMDs) -- mandatory annual withdrawals ...

Do you drive for business, charity or medical appointments? Here are the details regarding claiming mileage on taxes.

But, more than ever, you need to understand what you can and can't do tax-wise. We'll break it down to help you make the decision on whether to select a standard or an itemized deduction.

Each year, people wonder if they should do their own taxes or enlist a professional. We'll help you decide what to do for tax ...

Hiring a financial advisor can be a controversial subject. Some people swear by the advice their advisor provides, but others ...

For more on taxes, learn why you should do your ... you don't need to itemize deductions to claim tax credits. Local and state real estate taxes, more commonly called property taxes, can be deducted ...

The mortgage interest tax deduction allows taxpayers to deduct from their taxable income the amount ... you’ll need to complete Schedule A — Form 1040 — which lists all of your itemized ...

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

may feel more empowered this year to do their own taxes with TikTok ... If your deductions exceed those amounts, you should probably itemize them to reduce your taxes. Usually, the move to ...