Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT ...

The recent enactment of the 'One Big Beautiful Bill Act' (OBBBA) by President Trump has sparked significant debate.

Your healthcare deductions work differently if you’re self-employed. Self-employed beneficiaries can deduct their premiums before taxes, which is known as an “above-the-line” deduction.

President Donald Trump has signed into law the One, Big Beautiful Act (OBBA), and for taxpayers in high-tax states like ...

For the Wabash Valley’s self-employed workers, failing to keep up with estimated tax payments and deductions can lead to more ...

FreeTaxUSA is a solid choice not just for self-employed tax filers but for anyone who wants to file a free federal tax return. But if you want add-on services like Pro Support ($39.99), Audit ...

The megabill that's bound for the president's desk contains tax breaks that could save some Americans - including tipped workers, employees working overtime, car buyers, seniors and certain homeowners ...

Another way to reduce your taxable income is by contributing to a traditional IRA. The maximum contribution is $7,000 in 2025 ...

Yes, it’s entirely possible to make more than $100,000 and pay no federal income tax on it. This little trick is completely legal and — incredibly! — the tax code almost seems to encourage you to use ...

If you're self-employed or earn other non-wage income, you may owe estimated taxes every quarter. CNBC Select explains how it works and when payments are due.

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

Final tax reform bill preserves SALT and PTET deductions for traders and professionals, avoiding SSTB carve-outs and ensuring ...