As the 2025 tax filing season progresses, the Internal Revenue Service (IRS) has outlined key updates taxpayers need to know ...
The pace of natural disasters seems to be accelerating, prompting taxpayers and preparers to search for ways to deduct ...
In Connecticut, the deadline to file state and federal tax returns is April 15. Here's how to file for free, and who's ...
With the tax-filing season in progress, you probably have wondered how you compare with other Arizonans. Here are some ...
Filing your taxes for the first time? Here’s everything you need to know, including the necessary forms, how to report your ...
It’s getting to be that tax time of year! Filing taxes, like paying taxes, may not be an enjoyable to-do, but receiving a substantial refund at the end can certainly make the process feel more worth ...
Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...
“But if only these expenses exceed 7.5% of your adjusted gross income for the year,” Alajian said. “Anything less than that is not deductible. But that’s a good thing. It means your ...
The standard deductions were also increased this ... and the taxpayer’s income. The modified adjusted gross income (AGI) cannot exceed $300,000 for married couples filing jointly, $225,000 ...
Did you know about these deductions? Tax experts say most people miss them, but don’t make that same mistake. Here’s how to ...