Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to substantial savings this tax year.

The mileage tax deduction can lower your tax bill if you qualify. Learn who’s eligible, which method saves more and how to claim it correctly in 2026.

The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...

Many homeowners miss valuable savings at tax time. Here are 8 little-known tax deductions every homeowner should know about to lower their bill and keep cash.

Some deductions remain every year, but others change or disappear and new ones crop up. Learn about the best tax deductions ...

Answer: Sales tax was a deduction until the 1986 Tax Reform Act “simplified” the tax system. The 2004 Jumpstart Our Business ...

The standard deduction for single taxpayers increased to $15,750 for tax year 2025. It also increased to $23,625 for the head ...

The IRS is set to begin accepting and processing 2025 tax returns on Jan. 26. What to do to avoid delays and mistakes as new ...

As the Indian Union Budget 2026 approaches, personal taxpayers anticipate significant reforms. The article highlights a growing tax base and a preference for simplified tax structures, with many ...

Rebecca Rosenberg has 10+ years of experience as a writer and content strategist. She has written dozens of articles on retirement, financial planning, business, tech, and more. Rebecca has a master’s ...

The proposed regulations clarify points including the interaction of qualifying occupations for which tips are customarily received with ineligible specified service trades or businesses.

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Johner Images/Getty Images A new ...