Form 4684 allows individuals, businesses and estates to claim deductions against any unexpected losses due to theft or disasters. These deductions can help reduce taxable income, but they come with ...

Liz Weston financial advice column discusses deducting casualty losses, such as the those sustained in the Los Angeles ...

If you worked remotely in 2024, you may be eyeing the home office deduction. However, qualifying for the tax break may be harder than you expect, experts say. Only 7% of companies allowed fully remote ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

No receipt? No problem. These deductions don't need a "proof of purchase" to be claimed once tax season comes around. Read on ...

The One Big Beautiful Bill (OBBB) introduces a significant tax relief for retirees, aiming to reduce federal taxes on Social ...

Frugal Habits Suze Orman Still Follows Even Though She Can Afford Almost Anything Orman noted that a modified gross income ...

If you worked remotely in 2024, you may be eyeing the home office deduction. However, qualifying for the tax break may be harder than you expect, experts say. Stream Connecticut News for free, 24/7, ...