Currently NJ residents are limited to a deduction on federal income taxes of $10K for what they pay in state income and property tax ...
New analysis shows only 10% of Americans now benefit from itemizing, but knowing which deductions you can still claim regardless of your filing choice could make a significant difference.
Victims of natural disasters have been granted new tax deadlines; plus, here's a roundup of changes to the standard deduction ...
Ohio Senate Bill 89 proposes a tax deduction of $1,500 for fitness expenses like gym memberships and personal trainers. The bill aims to address Ohio's high obesity rate, ranked seventh in the US.