New tax deductions have been enacted for many working Americans and seniors. Here’s what you need to know about the new laws ...

Taken together with the inflation measure the IRS uses, the agency says that—on average—the inflation-adjusted tax numbers ...

The Trump administration released its preliminary list of occupations not required to pay income tax on their tips under Republicans’ new tax cuts and spending bill. Occupations that qualified were ...

Social Security numbers (SSNs) must be shown on the return for each child for whom the credit is being claimed, but also, new ...

If you're working on your taxes and compiling a list of deductions you may want to take a double-check. Tax expert Teddy Prioleau joins Fox45 with a look what you can and cannot deduct this time ...

The Treasury released a preliminary list of 68 occupations that may be eligible for President Donald Trump's "no tax on tips" deduction. But some jobs from the list may not qualify, depending on ...

Instead of bolstering relief to help families access critical public goods and services, Republicans in Congress are pushing policy changes to help the rich keep or grow their wealth. A fierce tax ...

Understanding your 1040 is the best way to legally minimize your taxes. Top tax professionals will tell you that effective tax planning needs to be proactive, not reactive. The best tax planning needs ...

You may find that your most fruitful tax breaks aren’t hiding in itemized deductions — but they may be waiting for you after age 65. Data from the IRS shows that 90% of taxpayers choose the standard ...