Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, ...

The Internal Revenue Service has posted a draft version of Schedule 1-A, "Additional Deductions," for Form 1040 that will be used next tax season when claiming new tax breaks in the One Big Beautiful ...

Learn how to deduct crypto accounting software costs on taxes. Explore IRS rules, business vs. personal use, eligibility, ...

Plus: Disappearing employer 401(k) matches, retirement plan contributions, capital gains and housing, a possible government ...

If you work from home, you may be able to deduct your business-related expenses. But if you don't qualify for that, you could be eligible for the "home office tax deduction." This tax break lets you ...

Joy Taylor: The tips deduction begins to phase out at modified AGI over $300,000 for joint filers and $150,000 for other filers. More specifically, the write-off is reduced, but not below zero, by ...

Brookfield Infrastructure’s baby bonds trade at a discount with a 7.3% yield, offering strong return potential despite rate ...

ITR Income Tax Return Filing Deadline Last Date ITR Tax Filing Live Updates: With increasing demands for extending the ...

In November 2023, the University distributed $1 million to Friends of the Israel Defense Forces through a donor-advised fund.

No one is out to get you, even if you feel that way. Under President Joe Biden, the IRS targeted wealthy households and ...

Standout benefits: The company boasts a 94% success rate with offer-in-compromise agreements and claims to have helped ...

IRS audits can be triggered by errors in income, assets, deductions, or crypto. Accuracy, honesty, and proper records are the best protection.