Among tax write-offs, deductions, and credits, you have a few different ways to ease the financial burden of paying your taxes. With these tax advantages, you can lower your taxable income, reduce ...

There's a very specific kind of magic that happens when you're doing your taxes and the number in red suddenly flips to green. You know the one I mean. One second, the screen is telling you that you ...

NEW YORK CITY (WABC) -- The deadline to file your taxes is just under a month from now on April 15. If you're a procrastinator like some of us, before you file that return, don't forget about certain ...

When it comes to taxes, high-net-worth individuals and business owners have access to some creative ways to legally deduct luxury expenses. But taxpayers shouldn’t try to write off that trip to Mexico ...

Below is our annual guide to Tax Code Section 179 for self-employed and business owners who buy a vehicle. This guide encompasses qualifying vehicles purchased in the 2025 calendar year for the ...

Those having to maintain a gluten-free diet for health reasons may be entitled to a tax write-off, financial experts say. While there is much debate on whether or not the average person's health could ...

Not everyone can claim this tax write-off this year, but maybe next year. — -- When the time comes time to do your taxes, it really pays to be a parent. "If you're supporting your kids and ...