The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how to choose the option that’s best for you.

Most people go with standard deduction when filing income tax returns, but depending on ax situation, you may want to itemize ...

It's a decision that every taxpayer is faced with when choosing how to claim deductions on their federal tax return: Do you take the standard or do you itemize? Making the right choice could mean more ...

GoodRx, a platform for medication savings, highlights seven commonly overlooked deductions and how to claim them.

The SALT deduction is only available to taxpayers who itemize their deductions rather than claiming the widely used standard deduction The decision on whether to take the standard deduction or itemize ...

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

It’s nearly the end of the year, the traditional time for giving but before opening your wallet, you should know how tax rules are changing so you can maximize your gifts. Itemizers should hit fast ...

The charitable donation tax deduction lets you write off qualified gifts to nonprofit organizations, but there are rules to follow if you want to claim it.