Some might be. In general, most closing costs are not tax-deductible. This is because the IRS regards them as part of the ...

These deductions can lower your taxes and are available to taxpayers across various income brackets and situations.

As taxpayers finalize their 2024 tax returns for the April 15 deadline, people who suffered casualty losses from recent ...

The committee further recommended that the NRS be permitted to borrow funds as necessary for the execution of its functions.

The DWP is set to scrap a controversial computer system that has automatically approved benefit deductions from millions of claimants at the request of private landlords. At such a critical moment in ...

If you opt for the standard mileage rate (67 cents per mile for tax year 2024), you calculate your deduction based on the ...

For student loan borrowers, tax season's creeping up, and if you're wondering how much you can shave off your 2025 taxes with ...

But the cost to the state would be hefty: an estimated $334 million in the short term and over $200 million annually afterwards, according to a nonpartisan fiscal analysis.

A now-viral Instagram post claims pet parents can deduct pet expenses on their taxes in 2025. Turns out, the claim is true -- ...

If you’re self-employed and use your home office exclusively and regularly for that work, you may be able to deduct from your federal taxes a portion of home-related expenses, such as mortgage ...

This rule lets homeowners deduct the interest they pay on their home loans, lowering their tax liability and reducing the amount they owe to the Internal Revenue Service in a given tax year. If your ...