Some hiccups could be ahead as we learn more about restrictions involving a new tax break based on Trump's campaign promise of "no tax on tips." ...

With taxes, it can pay to keep things simple. These 5 tax deductions let you trim your tax bill without itemizing.

These deductions are detailed in Schedule 1 of the IRS Form 1040 and can significantly reduce your taxable income, offering substantial financial relief.

To qualify, your household income (the “adjusted gross income” on line 11 of your tax return, IRS Form 1040) must be no more than $300,000 for joint filers, $225,000 for heads of households ...

(That is the amount shown on Line 11 of your Form 1040 or Form 1040-NR.) But from there, figuring out your modified adjusted gross income gets complicated. MAGI for popular tax credits ...

Enter the deduction on Schedule 1 of IRS Form 1040, under the section labeled "Adjustments to Income." You do not need to attach Form 1098-E to your return, but you should keep it for your records.

20/20 Tax Resolution's new Spanish helpline offers free consultations to help Hispanic taxpayers resolve IRS and state tax issues like debt, levies, and wage garnishments, providing support and ...

Seniors are often surprised by taxes on mandatory withdrawals - Clear Start Tax explains how RMDs can increase IRS balances in retirement.

Use IRS Form 1040-ES for quarterly estimated payments Recalculate tax strategy each year based on age, income, and filing status File missing returns before enforcement escalates ...