These seven common deductions draw IRS scrutiny — not because they're suspicious, but because most people document them wrong ...

President Donald Trump on Thursday dismissed the concerns of GOP lawmakers who oppose his freshly signed executive order to ...

Pampanga First District Cong. Carmelo Lazatin Jr. has filed a bill granting tax deductions to parents or legal guardians of ...

Sen. Josh Hawley proposes major tax breaks for out-of-pocket medical expenses as millions face soaring healthcare costs from ...

Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...

Starting in 2026, the new deduction will enable the estimated 90% of household using standard deductions to get a deduction ...

The 2026 tax filing season is coming up, and we're sharing the top 7 tax deductions that could cause issues from the IRS if ...

Sen. Josh Hawley (R-Mo.) is pushing a new “No Taxes on Healthcare Act” that would let households deduct up to $25,000 in ...

Reynolds goes on to argue that not classifying all pets as dependents is an unfair burden to taxpayers, especially since the ...

Fox News senior congressional correspondent Chad Pergram reports on the continuing fight over healthcare ahead of the holiday ...

Health Minister Aaron Motsoaledi says that there is no section in the National Health Insurance Act that forces medical aid members to drop their schemes, adding that the removal of medical aid tax ...

The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...