Learn more about taxes, directly from the source
Good organization may not cut your taxes. But there are other rewards, and some of them are financial.
It’s easier to take the standard deduction, but you may save if you itemize, especially if you are self-employed, own a home or live in a high-tax area.
The Treasury Department and Internal Revenue Service announced that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. Read more
Ask the Experts.
Personal income taxes and deductions can be complicated, and unique to your household. To learn more about the tax process, and review frequently asked questions, visit the IRS’s free and helpful Interactive Tax Assistant, or speak with a qualified tax professional in your area.