These deductions can lower your taxes and are available to taxpayers across various income brackets and situations.

If you choose to deduct a charitable contribution, you'll need to itemize your tax deductions. Itemizing can take more time than claiming the standard deduction and you could be charged more by ...

You cannot claim the standard deduction and charitable deductions in the same tax year. That means you'll need to itemize deductions to deduct your charitable donations. However, if your standard ...

You need to itemize to take a tax deduction for your charitable donations, but fewer people itemize now that the standard deduction has doubled. Even if you don’t itemize, there are other ways ...

Maryland’s governor seeks to punish the affluent with higher taxes apparently because they itemize and often give generously ...

Small business owners should always work with an accountant at tax season to ensure everything is properly filed. Thankfully ...

There are plenty of ways to lower your taxes, including credits, deductions and advanced investment strategies.