IRS

Want to slash your 2020 tax bill? Do this before it's too late

If you have a little extra cash you won't need anytime soon, you can make a prior-year traditional IRA contribution and reap the benefits now and in retirement. Here's a closer look at how it works and what kind of a difference it can make for your taxes.

The secret to getting into the 0% tax bracket

If you're tired of giving away the majority of your income to taxes, there's a way around that. You can legally decrease or completely eliminate your tax bill by taking advantage of some of the perks in the tax code.

Is student loan interest tax deductible?

If you’re currently repaying student loan debt, you may qualify for the student loan interest deduction. This above-the-line deduction allows you to take up to $2,500 off of your taxable income.