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

By Tara Siegel Bernard Victims of sophisticated online scams are often dealt a ... losses to deduct them from their income, using a tax deduction for victims of personal casualties, disasters ...

A new report outlines the benefits the 20% Small Business Tax Deduction will bring to Ohio if it is made permanent.

Independent contractors can lower their tax bill by writing off business costs like travel and insurance but should consult a ...

Everyone wants a tax break. Over the years, some Americans have tested limits for what they can take as a tax deduction. Here are some they've won.

A tax break that served as a lifeline and springboard for small businesses throughout the last eight years is set to expire ...

"Interest on home equity loans and lines of credit are deductible only if the borrowed funds are used to buy, build, or ...

Some tax software platforms offer this through chatbots and online learning resources ... credits, and deductions that might pertain to your small business. Tax preparation software such as ...

Many tax deductions, such as charitable donations and business supplies, are well known, but some are more obscure. With tax season upon us, here’s a look at how tax deductions work and three ...

Basically, taxpayers must prove the items were necessary or a legitimate business ... eligible tax deduction,” said Catherine Kauffelt, head of tax compliance at Collective, an online back ...