Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...

Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to substantial savings this tax year.

Exemptions, deductions and rebates may sound similar, but they work at different stages of tax calculation and directly influence how much tax a taxpayer finally pays ...

Here's what to know about a tax credit vs. deduction, including how each works and how they can reduce your tax bill and improve your tax refund amount.

When tax season rolls around, deductions and credits can make a real difference in how much you owe -- or how much you get ...

Retirees can save more by claiming often-overlooked tax deductions. Explore 12 key write-offs that may lower your tax bill and help stretch retirement income.

Confused about tax relief? Learn what tax relief means, how IRS programs work and what options may help reduce or manage your tax bill.

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

Wondering how much tax relief you can claim? Learn how IRS credits, deductions, payment plans and settlements affect the ...

The 2018 Tax Act created a new deduction for qualified business income earned by an individual. The basic deduction is 20% of ...