In 2024, the standard deduction is $14,600 for single tax filers, $29,200 for joint filers, and $21,900 for people filing as ...

Learn about the best tax write-offs for small businesses and self-employed individuals to maximize your deductions and reduce ...

Doing your own taxes is way easier than it seems. Our parents had it rough during tax season. Doing their own taxes sometimes ...

We just asked if the Dow could hold on to its 100-point gain. Clearly the answer was, “No.” Just 15 minutes after the Dow was ...

Congressional Republicans have a challenging task ahead — delivering on a promise to extend the 2017 tax cuts and adding the new ones Trump campaigned on.

Luckily, Uncle Sam allows you to reduce your tax burden by lowering your tax liability with deductions. This can ensure you’re not paying more in taxes than you should. It also means that if you’ve ...

There are other tax changes happening next year that could put more money in your paycheck. If you collect Social Security, you'll receive a 2.5% cost-of-living-adjustment in 2025. The Earned Income ...

If you're donating a car to charity in order to get a tax deduction, you'll need a detailed receipt from the organization, says Miller. The details you need in writing depend on the size of the ...

Charitable gift limits Deductions for cash contributions are limited to 60% of your AGI. Non-cash contributions can be limited to 50%, 30%, or 20% of your AGI, depending on the type of property ...