Certain homeownership, business and healthcare deductions could significantly lower your tax bill. Here's how.

“There are two valuable credits that the IRS reports one out of five people miss every year. The Earned Income Tax Credit is up to $7,830 for a family with three kids and the Retirement Savers Credit ...

The portion of your home regularly dedicated to your work isn't the only potential tax deduction available to those who WFH. According to U.S. News & World Report, "you may be able to deduct other ...

The IRS is warning against a tax scam involving frivolous art donation tax deductions ... for wealthy filers, even those who have gotten away with frivolous deductions in the past aren’t ...

Those extra expenses make claiming any available tax deductions ... worthwhile deduction is the continuing education deduction, which allows you to deduct the "costs of 'qualifying work-related ...

The work from home tax deduction ... those that pertain to business expenses. That way, you have proof that you made the purchases and won’t have to pay the penalty when all the evidence is ...

Itemizing allows you to pick and choose your tax deductions. Common deductions include those for medical expenses, mortgage interest and property tax. Many, or all, of the products featured on ...

The Small Business Health Care Tax Credit Business Tax Credits: Meaning, How They Work, Example 7 Insurance ... there are many corresponding tax deductions available to help small business owners ...