A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division.

Working for yourself can have a lot of benefits, but taxes are generally not one of them. When self-employed, you are ...

The 2024 mileage rate for use of your vehicle to do volunteer work for certain charitable organizations is 14 cents a mile.

We found at least 10 tax write offs and breaks that New York residents can use to save money with the IRS. Here's the legal ...