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.
Don't forget these 10 tax breaks when filing
Find all the deductions for homeowners
Discover tax deductions available for business owners
View 2017 federal tax brackets
Get an estimate of your total taxes owed
It’s hard to believe, but the IRS doesn’t tax every cent you make! It only collects on your taxable income.
There are lots of tax reasons to own a home. Here’s how to make the most of them and avoid the pitfalls.
If there were such an animal as a typical interest-only borrower, it would be someone whose main income is from bonuses once or twice a year.
Tax Adviser George Saenz answers reader questions on valuing charitable donations and taxes on a partial land sale.
A special standard deduction amount for older and blind taxpayers is easy to claim. Just check a couple of boxes on your return.
Donations can be valuable tax-cutting tools if you follow documentation rules.