"Above the line" deductions are better than those "below the line," because they reduce your AGI.
You can get an earlier refund or wait to claim the loss on this year’s return for possibly even greater tax savings.
If a tax professional catches even one deduction or credit a taxpayer would have missed, it can easily justify the cost.
Not every new window, door, boiler, furnace, heater or roofing improvement will qualify.
If you don't want to spend five years in prison and pay quarter-million-dollar fines, these are things you should consider not doing.
When it comes to deducting pets or pet expenses on taxes, like just about any question that begins “Can I deduct,” the answer is “It depends.”
Most Americans are eligible for free tax preparation and don't know it. Before you hand your hard-earned money to a tax preparer, read this.
Congress had made two previous attempts at instituting a federal income tax. The one in 1913 stuck, and grew.
A survey shows 47% of us will save our tax refunds, rather than spend it, and that the most savers are in Generation Y.
One spouse in a married couple filing separate returns can file as “Head of Household,” but the trick isn't a pleasant one.