Tax preparation companies define simple returns differently, but most free filing services are limited to basic Form 1040 ...

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

The rules are strict around who is eligible to deduct a home office, and calculating the deductions can be complicated.

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 ...

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.