Both the standard deduction and itemized deductions reduce the amount of tax you pay in a given year. So which is better?

California Conservation Corps crews place silt socks around burned homes in Pacific Palisades in preparation for the expected rain on Jan. 25. (Christina House / Los Angeles Times) After the January ...

After the January fires that destroyed thousands of residences, victims who lost their clothing, furniture and other possessions faced a daunting task: creating a list of itemized losses to submit to ...

Tax deductions can lower the amount of income that is subject to tax. Here's more on how tax deductions work, plus 25 tax breaks that might come in handy.

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. As we approach the final weeks of 2025, American taxpayers face a unique ...

Since 1971, Travel + Leisure editors have followed one mission: to inform, inspire, and guide travelers to have deeper, more meaningful experiences. T+L's editors have traveled to countries all over ...

Kristina Byas is contributor at Investopedia. As a personal finance expert, she has lent her insights and knowledge to numerous financial publications. Her articles have helped readers navigate the ...

The most innovative, influential, and informative listens in the history of the medium. These podcasts reflect the depth, breadth, and possibility of the medium at its best. 2 Dope Queens Unfiltered ...

Tax dependents are either qualifying children or qualifying relatives, and they can score you some big tax breaks. Many, or all, of the products featured on this page are from our advertising partners ...