Welcome to your home tax deduction checklist! For homeowners, this kind of guidance is essential in the wake of all the changes ushered in by the new tax plan, the 2017 Tax Cuts and Jobs Act.

The Internal Revenue Service (IRS) on Tuesday announced its inflation adjustments to tax brackets and deductions for the ... We've added you to our mailing list.

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take: American Opportunity Tax Credit: If no one else claims you as a ...

Included in the adjustments are increases in the standard deduction, the earned income tax credit and more. As far as tax rates are concerned, the IRS released the following marginal tax rates for ...