Plus: A slow start to the tax filing season, movement on the budget, refusing to file, rescheduling cannabis, tax filing ...

Here is how Georgians can earn back $1 billion as a state and steps to take in order to earn more back, from TurboTax. Your tax filing status greatly affects your refund. While most married couples ...

Unlock the hidden tax benefits tailored for newcomers! Concerned about finances? Recent studies reveal that women and Generation Z individuals experience the highest levels of financial stress.

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

The home office deduction could provide a tax break on your 2024 return. Here’s who qualifies and how to claim it.

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

The interest portion of your mortgage payment is tax deductible ... Before the Tax Cuts and Jobs Act (TJCA), there was no cap ...

How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

the taxable travel benefit should be included in your T4 or T4A slip for the year the trip begins. If you or an eligible family member uses the standard amount to calculate a travel deduction in the ...

Deduction under Section 80C of the Income Tax Act is available under the old tax regime only. For the upcoming fiscal year 2025-26, an eligible taxpayer will be able to claim the same maximum ...

If tax deductions are a driving factor behind ... you paid for utilities based on the square footage of your workspace up to a maximum limit. If you're going to itemize your deductions, the ...