Individual taxpayers can claim a wide variety of deductions on their federal taxes. "The basic rules of deductions start by ...

Certain homeownership, business and healthcare deductions could significantly lower your tax bill. Here's how.

Policymakers in Washington are being called on to scrap the universal federal tax deduction for mortgage interest, and ...

There are some tax advantages that come with homeownership. Here's what to know and when you might want to consult a pro.

These two tax terms are probably the ones my clients confuse most often. Think of a tax credit as a gift card applied to your ...

New research led by the Johns Hopkins Carey Business School suggests one possible way to help ease the housing affordability ...

Comparison of the accounting and tax treatment of interest expense may reveal crucial differences and lead to best practices ...

child tax credit and student loan interest). Tax deductions for homeowners Mortgage interest Discount points Property taxes Interest on home equity loan or HELOC Home improvements Home office ...

Own a home? You could be missing out on big tax breaks. Consumer Investigator Rachel DePompa talks to the folks from This Old ...

President Trump’s proposal for car loan interest tax deductions on US-made vehicles sounds ideal, but some experts say the idea is flawed.