The new federal break for older taxpayers is not a "retirement tax credit" at all, but a sizable extra deduction that trims ...

At WSJ’s CEO Council in Washington DC, chairman of the House Ways and Means Committee Kevin Brady discusses the Republican plan to reform taxes in a Trump administration. Itemized deductions are on ...

Older taxpayers now have access to some of the most generous standard deduction rules on record, and the stakes are high for ...

Forbes contributors publish independent expert analyses and insights. Joseph J. Thorndike writes about tax history. The state and local tax deduction has been a part of the federal income tax from the ...

An estimated 30 million U.S. taxpayers work full or part time from their owned or rented residences. Whether self-employed or working at home for the convenience of your employer, you may be entitled ...