Itemizing is a way to pick and choose your tax deductions. Here's how it works and how to tell if it's for you. Many, or all, of the products featured on this page are from our advertising partners ...

The proposed regulations clarify points including the interaction of qualifying occupations for which tips are customarily received with ineligible specified service trades or businesses.

Older taxpayers now have access to some of the most generous standard deduction rules on record, and the stakes are high for anyone trying to stretch retirement income. The federal tax code offers an ...

New tax rules for seniors bring bigger deductions, potential refunds & planning opportunities, with impacts on retirement income & Social Security.