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 ...

“There are two valuable credits that the IRS reports one out of five people miss every year. The Earned Income Tax Credit is ...

There’s a chance you’re missing out on some deductions. See the little-known tax deductions and credits you've probably ...

Residual value is the estimated value of an asset at the end of its useful life. It's used to figure out things like the ...

From the column: "(There are) 1,120 nonprofits in Duluth. … While many of these groups undoubtedly do good work, others may ...

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

Republicans want to extend a 2017 tax cut in their upcoming reconciliation legislation that primarily benefits 200,000 ...

Despite the turmoil at the I.R.S., tax returns are still due on April 15. And, yes, there are still options for lowering last ...

The 2025 tax season is underway. Claiming the standard deduction instead of your actual deductions is much easier, but it might cost you more.

As agriculture continues to advance, farmers and ranchers are faced with large capital investments to maintain their ...

The IRS allows deductions for the cost of a ransomware attack as a business expense, as long as you can provided receipts of the cyber attack.

While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, ...