Starting Jan. 1, 2024 the mileage tax deduction will now be 67 cents per mile driven — up 1.5 cents from 2023. Find out if you qualify for this deduction.

The Court held that losses already set off in earlier years cannot be notionally carried forward for computing deduction ...

The home office tax deduction is a tax break that some self-employed people who work from home can take advantage of. Here's what you need to know.

New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes could lower your tax bill.

Taxes usually feel straightforward until real life complicates them. Beyond the familiar deductions, the IRS has approved a ...

The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...

The IRS is set to begin accepting and processing 2025 tax returns on Jan. 26. What to do to avoid delays and mistakes as new ...

Early-bird tax filers will be happy to know that the Internal Revenue Service will begin accepting and processing 2025 income tax returns on Monday, Jan. 26. Taxpayers are likely to be shocked to ...

Taxpayers should prepare for major tax-policy shifts this year. Forbes’ expert contributors explain how — and when — key rule changes may affect you. With so many rule changes taking effect at once, a ...

The secret to winning the 2026 tax season is realizing that, if you're smart about it, your home is essentially a giant tax shelter.

AMC Entertainment Holdings, Inc. (NYSE: AMC) (the "Company," or "AMC"), today announced that it has reached an agreement with certain holders of its Muvico, LLC Senior Secured Notes due 2029 ("2029 ...

Proving tax deductions without cancelled checks There is a growing trend toward remote deposit of checks. Because of the ...