Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

The IRS offers recorded messages on about 150 tax topics through its TeleTax service at 1-800-829-4477. Federal tax forms and publications at 1-800-TAX-FORM (1-800-829-3676). The IRS also staffs a tax ...

President Donald Trump’s new tax bill cuts the income tax liability for many Americans.

Brex reports LLC owners can reduce taxable income through 16 deductible expenses. Proper tracking prevents missed deductions ...

Until enactment of the One Big Beautiful Bill Act, officially P.L. 119-21, the availability of a below-the-line deduction that was not the standard deduction or an itemized deduction was a rare event.

A new version of the heavily criticized expired J-51 property tax incentive is back. Advocates argue it will encourage landlords to renovate apartments and will help them afford the upgrades needed to ...