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A tax deduction reduces the amount of income that is subject to taxation by federal and state governments. View the current standard deduction amounts and other tax deduction information.
Here’s what to know about records to hang on to and how long you should keep them.
Taxpayers can follow their refund online, by phone or with a smartphone app.
Personal credit card use is almost never eligible for a deduction come tax season, but if you’re using a business credit card you can likely deduct your fees.
A new IRS form helps you figure tax withholding from your paycheck. But it’s not easy.
This table will help you figure out the deductions in travel for the past year. Be careful, the amounts changed mid-year.
Bankrate’s 2009 Tax Guide provides all the tools and information you need to successfully file your 2008 return.
The first of Bankrate’s daily tax tips offers seven tasks you can take care of now instead of later.
Beginning Jan. 2 and continuing each weekday through April 15, you’ll find a new tax tip here to help you complete your return. Note: The URL will remain the same, but the tip will change daily.
These tax tips can help lessen the grip of Uncle Sam, says CPA George Saenz.
Track all your expenses, from packing materials to cleaning supplies, and get a possible deduction on your taxes.
The most dreaded three-letter word in the English language: tax. We explore this boring and complicated subject.
You may still be able to recoup part of the cost of this simple energy-saving home improvement through a credit on your 2007 tax filing.
You can beat these common tax bogeymen that are preventing you from getting your taxes done.
You can deduct reasonable and ordinary travel expenses when away from home on a temporary work assignment, says CPA George Saenz.