Those who are pursuing an MBA, or would like to but are worried about the high cost of tuition, can take heart from a recent Tax Court ruling. Students need to be able to prove that they were already ...

WASHINGTON (Reuters) - The U.S. Tax Court has dealt a setback to young MBA students with little work experience who try to claim their tuition costs as a tax-deductible business expense, lawyers and ...

Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.