An analysis of the budget bill backed by Congressional Republicans and President Donald Trump shows it would also cut ...

Mark Cussen, CMFC, has 13+ years of experience as a writer and provides financial education to military service members and the public. Mark is an expert in investing, economics, and market news.

Learn which of your home expenses may be tax-deductible, how to claim those deductions, and what you can do year-round to ...

As the annual tax season unfolds in Portugal, many taxpayers may be tempted to view the filing of their IRS return as a mere ...

A tax shield is a reduction in taxable income for an individual or corporation achieved through claiming allowable deductions such as mortgage interest, medical expenses, charitable donations ...

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

The new tax reform proposed by Donald Trump, known as the 'One Big Beautiful Bill,' promises tax cuts. However, the reality is more nuanced. This reform aims to extend and modify the 2017 Tax Cuts and ...

The temporary flat rate method does not apply to the 2023 and later tax years. As an employee, you may be able to claim certain home office expenses (work-space-in-the-home expenses, office supplies, ...

Takeaways The House and Senate bills differ in key ways, including that while the House bill would provide a deduction on tips and overtime earnings, the Senate bill provides a deduction for tips only ...