The home office deduction is a tax break that some self-employed people who work from home can use to lower their taxable ...

The average salary in the U.S. is $63,795, according to the latest data from the Social Security Administration. How your ...

More people are making legal sports bets on the Super Bowl and March Madness. But what do gamblers need to know at tax time?

I am confused by an article in my local newspaper which said that “MAGI” (modified adjusted gross income), on which my Medicare Part B premium is based, is my Adjusted Gross Income, plus any ...

“The most common mistake that you’ll see is that a taxpayer will go to an accountant or go to do their taxes through a ...

If you paid interest on your student loan debt in 2024, you may be able to deduct up to $2,500 from your taxable income.

Personal loans can be useful when you need extra funds, since you can use them for a variety of purposes. With a personal loan, the lender gives you a lump sum that you'll pay back with interest ...

Learn what happens if you don't file your taxes. Discover the consequences, penalties, and how to address unfiled tax returns ...

It’s getting to be that tax time of year! Filing taxes, like paying taxes, may not be an enjoyable to-do, but receiving a ...

Clients can donate both permanent life insurance (including whole life and universal life) and term life insurance to charity, but the donation options differ.

In reality, though, the best move for a lot of people is to take the tax hit and convert a lot of money quickly, says ...