Filing taxes in the United States involves more than just completing Form 1040. Understanding the necessary schedules is ...

In just a few weeks, Americans will be able to start filing their tax returns for 2024. The earlier you file, the quicker you tend to get a tax refund if you're owed one, but there are special ...

If you choose to itemize deductions, you'll have the option of deducting the state and local sales tax you paid, or you can ...

Here is what you should know about the child tax credit for this year's tax season and whether you qualify for it.

We explain when alimony is taxable and when alimony payments are tax-deductible, and how other federal tax rules related to ...

We have replaced our calendar for the new year and that can only mean one thing – tax season is upon us!  My team and I are ...

If you earn rental income, you must report this on your taxes. This is true whether you have an extensive rental business ...

If you're a SSDI recipient and have an additional income source, you may need to file your taxes this year. Even if you don't ...

Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...

The Earned Income Tax Credit (EITC) can reduces how much you owe in taxes or boost your refund by thousands of dollars . But whether you can take the credit depends on your filing status and your ...