As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

When you file your tax return, you must decide whether to take the standard deduction -- $14,600 for single tax filers, ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...

Wondering what the different tax credits are and if you're eligible to claim any? Here's our guide to who can benefit from ...

According to state’s Revenue and Fiscal Affairs office, 44% of South Carolina’s tax filers don’t pay any state income tax.

Tax season is officially underway. The IRS expects over 140 million people to file tax returns before the April 15 deadline.

"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...

More people are making legal sports bets on the Super Bowl and March Madness. But what do gamblers need to know at tax time?

While much has happened during the past few years, and significant change lies immediately ahead, there is little that is new ...