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.

Among tax write-offs, deductions, and credits, you have a few different ways to ease the financial burden of paying your taxes. With these tax advantages, you can lower your taxable income, reduce ...

From eggs to gas prices, expenses have likely gone up in just about every aspect of your daily life. The financial strain is taking a toll on American families and individuals, especially car owners ...

Those having to maintain a gluten-free diet for health reasons may be entitled to a tax write-off, financial experts say. While there is much debate on whether or not the average person's health could ...

CLEVELAND — Greetings, fellow taxpayers, on this our darkest day. Americans have a long, romantic history of deploring taxation. The Boston Tea Party was essentially an elaborate tantrum over a new ...

When it comes to taxes, high-net-worth individuals and business owners have access to some creative ways to legally deduct luxury expenses. But taxpayers shouldn’t try to write off that trip to Mexico ...

Trump’s tax overhaul solidifies write-offs of certain assets — setting off soaring demand from wealthy Americans.

You might be able to claim your fur babies' expenses on your tax return. Here are some situations that may count. Jasmine Johnson is an Accredited Financial Counselor and Accountant. She has over a ...

If the financial alphas of TikTok are to be believed, there’s a secret loophole in US tax code that allows you to buy a Mercedes G-Wagon and deduct its cost from your taxes. They’re not entirely wrong ...

North Carolina state Rep. Keith Kidwell is a strong opponent of gambling, but he spoke in a legislative committee Tuesday pushing for a bill that would help gamblers avoid the big tax hits that some ...