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Latest News about Tax Deductions

Recent news which mentions Tax Deductions

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'Early filers' should wait to submit their tax return in 2023, the IRS warns. Here's why

December 12, 2022

What the pro-business tax agenda is chasing in a changing Congress

December 11, 2022

Heat pumps are an energy upgrade for homeowners that's becoming a climate and financial winner

December 10, 2022

You may get a 1099-K for Venmo and PayPal payments. Here's how to prepare — and shrink your tax bill

December 10, 2022

Tax 'refunds may be smaller in 2023,' warns IRS. Here's why

December 01, 2022

Here's how to score a charitable tax break on 'Giving Tuesday'

November 22, 2022

Op-ed: Here are 3 year-end strategies for high-net-worth families to consider

November 07, 2022

'There is no clear answer.' How to decide between Roth and pre-tax retirement savings accounts

October 25, 2022

IRS: Here are the new income tax brackets for 2023

October 19, 2022

These are the best ways to give to charity for the 'vast majority of people.' Here's how to decide which one is right for you

September 30, 2022

Embryos can count as dependents on Georgia state tax returns: For many families 'there is no benefit at all,' says analyst

August 03, 2022

With inflation causing a spike in college costs, here are some tax breaks worth exploring to help cash-strapped families

July 25, 2022

Tax return backlog is still 'crushing the IRS’ — and taxpayers — as pileup exceeds 21 million, agency watchdog reports

June 23, 2022

IRS is making progress on tax return backlog, but millions still remain unprocessed

June 22, 2022

IRS boosts standard mileage rate deduction to 62.5 cents per mile, a 4 cent hike, as gas soars to more than $5 a gallon

June 14, 2022

Here’s how retirees can give to charity and create a stream of income at the same time

June 09, 2022

Retirement tax breaks benefit higher earners, leaving middle-class savers behind, report finds

June 06, 2022

The IRS is working to increase its audit rates for higher earners

June 02, 2022

Still missing your tax refund? You'll soon receive 5% interest — but it’s taxable

May 24, 2022

How to sidestep a tax bomb when selling your home

May 17, 2022

Tying the knot this year? Add ‘marriage tax penalty’ to the potential cost

May 14, 2022

IRS insists destruction of 30 million files of taxpayer data won't affect payers

May 13, 2022

Tax professionals ‘horrified’ by IRS decision to destroy data on 30 million filers

May 12, 2022

Over 60 million tax returns could be completed automatically, study shows

May 06, 2022

The IRS has sent more than 78 million refunds. Here's how to check the status of yours

April 25, 2022

Here’s what to do if you missed the April 18 tax filing deadline

April 22, 2022

Hit with an unexpected tax bill? It’s time to adjust your withholdings

April 21, 2022

Supreme Court rejects challenge to SALT limit from New York, New Jersey

April 20, 2022

What we learned from the Biden, Harris tax returns, according to experts

April 20, 2022

Here’s what to know on Tax Day if you still haven’t filed your return

April 18, 2022

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