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

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

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

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 ...

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 ...

The 2024 mileage rate for use of your vehicle to do volunteer work for certain charitable organizations is 14 cents a mile.

Although it's not yet April, it's not too early to start thinking about filing your tax return. There are some tax deductions ...

Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard ...

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.