Tax-deductions
Latest
-
Summer Activities That Can Impact Your Taxes
Tax Planning Certain summertime activities might help lower your taxable income.
By Kelley R. Taylor Last updated
Tax Planning -
Tax-Smart Strategies for Account Withdrawals
Understanding the best way to tap your IRAs and other accounts can help you preserve your savings and lower your tax bill.
By Sandra Block Published
-
Taxes on Gambling Winnings and Losses: 8 Tips to Remember
Tax Tips If you pick the right horse at the track or win some money at a casino or though online betting, don't forget gambling taxes.
By Rocky Mengle Last updated
Tax Tips -
The Extra Standard Deduction for People Age 65 and Older
Tax Deductions The extra standard deduction can help older adults reduce their taxable income.
By Kelley R. Taylor Last updated
Tax Deductions -
The Tax Day HSA Contributions Deadline
Health Savings The HSA contributions deadline for 2023 has passed, but you still have time to contribute and potentially reduce your tax liability if you have an extended tax deadline.
By Rocky Mengle Last updated
Health Savings -
A Bunch of IRS Tax Deductions and Credits You Need to Know
Tax Breaks Lowering your taxable income is the key to paying less to the IRS. Several federal tax credits and deductions can help.
By Kelley R. Taylor Last updated
Tax Breaks -
Home Office Tax Deduction: Work-from-Home Write-Offs for 2023
Tax Breaks Can you claim the home office tax deduction this year?
By Rocky Mengle Last updated
Tax Breaks -
Don’t Miss This $2,500 Tax Break for Paying Your Student Loan
Tax Deductions Do you qualify for the student loan interest deduction this year?
By Katelyn Washington Last updated
Tax Deductions -
Non-Eligible HSA Expenses: When a Doctor’s Note Isn’t Enough
Health Savings It's easy to get confused about whether diet products, gym memberships, and fitness trackers are HSA-eligible items.
By Katelyn Washington Last updated
Health Savings