Relatively few Americans itemize deductions on their tax return. You can either claim the standard deduction or itemized deductions on your return — but not both. And, of course, you always want to ...

You have an important decision to make each time you fill out your federal income tax return: Take the standard deduction or claim itemized deductions. And, of course, you'll always want to pick ...

Millions of Americans began working remotely or from home during the coronavirus pandemic. Others decided to take the leap amid the "Great Resignation," start their own business and become their own ...

Tax filing season is right around the corner, and as you prepare, it’s important to know your correct tax filing status. Filing status is used to determine your filing requirements, the amount of your ...

The IRS announced plans to issue automatic payments to eligible taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax returns. The Recovery Rebate Credit provides up to $1,400 per ...

Time is running out, but if you haven’t filed your 2021 tax return, you may still be eligible to receive a refund. The Internal Revenue Service says more than $1 billion in unclaimed tax refunds could ...