The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the chances that your return will be audited.

Did you know about these deductions? Tax experts say most people miss them, but don’t make that same mistake. Here’s how to get the most money back.

Elon Musk has made a number of exaggerated or unevidenced claims during an Oval Office event alongside President Donald Trump ...

Did you know about these deductions? Tax experts say most people miss them, but don’t make that same mistake. Here’s how to get the most money back.

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

Itemizing your taxes is great when you are a homeowner. As you file taxes for the 2024 tax year, there are some deductions ...

So, what are your changes of being audited? Regardless of income, your chances of being audited are pretty slim. Of the ...

You can claim an amount for eligible adoption expenses related to the adoption of a child who is under 18 years of age at the time that the adoption order is issued or recognized by a government in ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

If you lived with another person in 2024 If you lived with another person at any time in 2024 and in the first 60 days of 2025, you need to determine who can claim the deduction for child care ...

Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.