New tax deductions have been enacted for many working Americans and seniors. Here’s what you need to know about the new laws ...

Social Security numbers (SSNs) must be shown on the return for each child for whom the credit is being claimed, but also, new ...

Every year, countless taxpayers leave money on the table during tax season simply because they aren't aware of all the deductions they qualify for. While many people know about the standard deductions ...

The Trump administration released its preliminary list of occupations not required to pay income tax on their tips under Republicans’ new tax cuts and spending bill. Occupations that qualified were ...

The Internal Revenue Service released new rules this week for a tax break that lets you deduct up to $10,000 in car loan ...

Got questions about the new deductions for tips, overtime, seniors and car loans? Here’s what you’ve been asking—along with my answers—about those, as well as other updated tax provisions. The One Big ...

Understanding your 1040 is the best way to legally minimize your taxes. Top tax professionals will tell you that effective tax planning needs to be proactive, not reactive. The best tax planning needs ...

The Treasury released a preliminary list of 68 occupations that may be eligible for President Donald Trump's "no tax on tips" deduction. But some jobs from the list may not qualify, depending on ...