Homeowners have two choices when claiming deductions to reduce their taxable income: the standard or itemized deduction. But ...

There are some tax advantages that come with homeownership. Here's what to know and when you might want to consult a pro.

The Spring Statement only offered silence on pensions, with no policy changes or updates unveiled by Ms Reeves. That’s ...

NEXT explains that if you’re an independent contractor, it’s your job to pay taxes on your own—and you’ll want as many 1099 ...

Is car loan interest tax deductible for you? Discover the rules, who qualifies and how to maximize this potential tax break.

It’s less than a month before the April 15 deadline to file income-tax returns ... penalties and interest, while giving them more time to gather documents and complete their returns.

If you're owed a refund, you have just three years to claim ... tax returns can be stressful, but taking proactive steps to file past-due returns can help you avoid extra penalties, interest ...

If you've received a large tax refund, you might consider putting it toward your mortgage as a lump-sum payment. If your payment is large enough — typically $5,000 or more — you may qualify for ...

You're being audited for a previous tax year. Your bank or credit union has not posted the refund. If you're claiming the Earned ... tax credit and student loan interest). You can also get your ...

Owning a home likely qualifies you for a number of significant tax breaks, and even more if you happen to also work out of ...

Annual gross income Think of this as your salary, or the sum of your wages and tips, plus any income from interest ... Tax credits: Enter how much you expect to claim in tax credits on your return.