From summer camps to smart home devices, here are four categories of expenses to consider adding to your list.

KEY TAKEAWAYS The Federal Reserve kept interest rates higher than usual in 2024, making savings accounts more profitable and, ...

A home equity loan has important tax benefits that users should remember this filing season. Here's what to know.

Under the Tax Cuts and Jobs Act, itemizing homeowners homeowners can deduct mortgage interest on up to $750,000 worth of ...

Small business owners should always work with an accountant at tax season to ensure everything is properly filed. Thankfully ...

As tax season rolls around, you may have a number of questions on your mind — including whether your mortgage interest is tax deductible in 2025. The short answer is yes, but whether or not ...

Home equity loans come with appealing tax benefits. But do they apply when using the funds to buy a second home?

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

The best-known tax break is most likely the mortgage interest deduction. It may also be the least understood. There are two keys: You must file an itemized tax return. There are annual loan amount ...

The Income Tax Bill, 2025, tabled in Parliament, reorganises deductions previously under Section 80C into specific clauses.

The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 ...

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.