Every year, filing your taxes can be a daunting — and pricey — task. The federal government requires you to pay taxes, but there are ways to minimize how much you owe. One of those ways is by taking ...

One of the biggest decisions people make at tax time is whether to itemize or take the standard deduction. Most people take the standard deduction, according to IRS data, but tax pros warn that if you ...

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...

Here's a look at some of the most commonly assumed tax breaks that either no longer exist or simply don't work the way people expect any more.