Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...

With the festive cheer of the holidays and another year of New Year’s festivities on the books, Americans now find themselves stepping into the annual ritual of tax season.

Deductions, also sometimes called tax write-offs, are eligible expenses that you can deduct on your return to lower the amount of income that gets taxed. There are many valuable self-employment ...

For residents who lost everything in the floods, the IRS will replace your tax records for free. To find your payment histories and transcripts, go to irs.gov. Disaster relief payments may be ...