Here are five foundational tax savings strategies that could help you save $20,000 on your taxes going forward.

The Child Tax Credit for 2024 is a tax benefit that provides financial relief to families with qualifying dependent children.

Here are the tax brackets for 2024, which are the taxes you pay in 2025. Income tax is progressive: the more you earn, the ...

New Jersey residents will have a new way to file their federal tax returns this year. The program, called IRS Direct File, ...

The insurance sector is expecting additional tax exemptions for protection and health insurance products and adjustments to ...

In 2017, the Trump Administration passed the Tax Cuts and Jobs Act (TCJA). While this law is complex, it essentially provided ...

Each year, taxpayers anticipate an increase in the Section 80C limit in the Union Budget. However, the limit has not been ...

With CollegeBoard reporting rising full-time undergraduate tuition rates for the 2024-2025 school year, college expenses can ...

Are you ready? Tax season 2025 will start Jan. 27 — that’s when the IRS will start accepting 2024 tax returns. The IRS said ...

Beginning in 2024, the SECURE Act 2.0 will index IRA catchup contribution limits for inflation, making it likely that higher ...

If the IRS views the home as an investment property, you can't claim the mortgage interest deduction, but you can deduct mortgage interest as a business expense to lower your rental income.