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, ...

Navigating the complexities of tax reporting can be daunting, especially for freelancers and those with side hustles. The ...

If you've been paying for health insurance premiums and want to know whether those payments are tax deductible, you're in the ...

The 2024 standard mileage rate for business use of a vehicle is 67 cents a mile. More: Guide to 2024 taxes: W-2 arrival dates, 1099-K form confusion, free filing options. The mile ...

A number of tax breaks, including the home mortgage interest deduction, are in peril as lawmakers hunt for revenues to pay ...

Budget 2025 has maintained the existing 30% tax rate on cryptocurrency transactions, with no changes to the taxation framework for Virtual Digital Assets (VDAs).

The home office deduction is a tax break that some self-employed people who work from home can use to lower their taxable ...

If you’ve been watching reruns of HGTV’s “Income Property” and wondering if it’s time to buy an investment property and ...

The “Halt All Lethal Trafficking of Fentanyl Act” would amend the Controlled Substances Act to include fentanyl as a Schedule 1 drug, meaning it has no "accepted medical use and a high potential for ...

Lawmakers on Capitol Hill are considering permanently classifying fentanyl-related substances as Schedule 1 drugs, a move ...

Eligible Kentuckians can potentially save money in 2025 this tax season by submitting their documents through the IRS' Free File program.