Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know ...

Meredith Dietz is Lifehacker’s Senior Staff Writer. She earned her bachelor’s degree in English and Communications from Northeastern University, where she graduated as valedictorian of her college.

In a case of first impression for the Eleventh Circuit, the court affirmed a Tax Court holding that expenses of activities not engaged in for profit, i.e., hobbies, are allowable only as miscellaneous ...

The standard deduction is the dollar amount that reduces the amount of income on which you are taxed. And, for tax year 2023, that figure has changed. Standard vs. itemized According to the Internal ...