If you've recently gone into business for yourself, don't miss these sometimes overlooked credits and tax deductions for the self-employed.

A misstep could cost you thousands of dollars.

As homeowners across the U.S. prepare to file their taxes this season, they may be wondering what deductions they qualify for and whether it's worth itemizing or sticking with the standard deduction.

The Internal Revenue Service (IRS) has introduced a slate of new and expanded tax deductions for the 2026 tax year. These new deductions are part of the recently enacted One Big Beautiful Bill Act ...

Americans can expect smaller tax bills and bigger refunds this year—after they navigate a pile of new rules from last year’s tax law. “Any time people have big life changes or there are law changes, ...

President Donald Trump's "big beautiful" tax law provides a new senior "bonus" or deduction of up to $6,000 per individual or $12,000 for married couples. The temporary deduction applies to taxpayers ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. eggeeggjiew / Getty Images A new ...

Of your many responsibilities as a small business owner, ensuring that your employees’ pay is calculated accurately ranks near the top of the list. That includes withholding the correct amounts for ...

The interest you pay on your mortgage could help you lower your taxes. With the mortgage interest deduction (MID), you can write off a portion of the interest on your home loan, lowering your taxable ...

Self-employment tax is a mix of Social Security and Medicare taxes. Use our calculator to estimate what you owe. Many, or all, of the products featured on this page are from our advertising partners ...

With over four years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed decisions as ...

The secret to winning the 2026 tax season is realizing that, if you're smart about it, your home is essentially a giant tax shelter. Peter is a writer and editor for the CNET How-To team. He has been ...