Using a tax prep checklist can help reduce your tax-time stress. Here's a roundup of the documents and information you'll need to file your tax return this year.

Tax deductions can lower the amount of income that is subject to tax. Here's more on how tax deductions work, plus 25 tax breaks that might come in handy.

Tax strategy doesn’t just happen in April. While it may feel like you just filed your 2024 taxes a minute ago, the time to set yourself up for success in your 2025 taxes is now. Most high earners with ...

The sooner you finish your taxes, the sooner you’ll receive your tax refund, if you have one coming. But even if you do tend to wait until the last moment or plan on filing an October 15 extension, ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

Tax strategy doesn't just happen in April. While it may feel like you just filed your 2024 taxes a minute ago, the time to set yourself up for success in your 2025 taxes is now. High-income households ...

Section 179 lets you deduct the full purchase price of qualifying business equipment bought and put into use during the year.

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

Owning a home comes with costs, but it also provides tax benefits that can lower your taxable income. For those filing taxes ...

If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the ...

The U.S. Treasury Department has released its preliminary list of 68 occupations that "customarily and regularly received tips" on or before Dec. 31, 2024, that will apply to the tip-related tax ...