Consider it tax-free income that you keep before taxes apply to the rest. Standard deduction Itemized deductions Itemized deductions IRS-allowed expenses that can directly reduce your taxable income.

While many of the best tax software on the market charge a fee depending on the services you utilize, there are also many great free options available—especially if you have a simpler return.

The IRS offers several free programs to help with income-tax filing, especially if your income is below a certain level or you have a disability or limited English-speaking skills. You can also ...

The tax-free allowance will remain at £3,000 in 2025-26, but has been cut from £6,000 in 2023-24. In 2022-23 it was £12,300. Luckily, there are ways you can avoid capital gains tax. Here ...

WASHINGTON — The Trump administration plans to eliminate the IRS’ Direct File program, an electronic system for filing tax returns directly to the agency for free, according to two people ...