Fact checked by Suzanne Kvilhaug Sometimes a tax deduction is just plain weird. Here is a roundup of weird and legal tax ...

Americans have a long, romantic history of deploring taxation. The Boston Tea Party was essentially an elaborate tantrum over ...

Sky News senior reporter Caroline Marcus discusses Prime Minister Anthony Albanese’s election plan for “instant” tax deductions. “Albanese today announced another tax break of sorts ...

The latest announcement builds on the housing policy announced overnight. The instant tax deduction would give those who choose it $1000 off their work expenses — meaning people could skip the ...

Prime Minister Anthony Albanese has announced a re-elected Albanese government will provide a $1,000 instant tax deduction. “Today I announce that a re-elected Labor government will create a new ...

Photo shows New Year's Weather: Dark grey storm clouds over a green forested area, with a rain storm on the horizon.

The bill will significantly expand the maximum homestead tax deduction and cap how much property tax bills go up in the future. The homestead deduction applies to the home you live in. It limits how ...

If you've kept good records, you should try calculating your deduction using both methods. Then, you can choose the larger amount as your tax write-off. Remember that you can only write off insurance ...

NEW YORK — Unlike a full-time employee whose taxes are deducted from their paycheck, if you're an independent contractor, it's your job to pay taxes on your own — and you'll want as many 1099 tax ...