As the tax season unfolds, many Americans are keen to explore ways to maximize their tax refunds. One effective strategy is to leverage the various deductions available through the IRS. These ...

Every year, countless taxpayers leave money on the table during tax season simply because they aren't aware of all the deductions they qualify for. While many people know about the standard deductions ...

The sales tax deduction lets you deduct the state and local sales taxes you’ve paid throughout the year, but only if you itemize your deductions. If you live in a state with no income tax or have made ...

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at questions on deductions, tax ...