The IRS allows you to carry forward deductions for up to five years after the year in which you made the donation. If you do ...

Condoms are the latest "medical expense" that's tax deductible if you itemize, the IRS said. If you don't itemize, see how you can still save.

Office supplies and equipment are fundamental to running a business and are fully deductible as business expenses. Items such ...

As business owners, your biggest expense is usually your tax bill. That means you have to put a lot of attention and ...

One of many items on the legislative “watch list” is the standard deduction. In 2026 the standard deduction for individual ...

The interest you pay on your mortgage could help you lower your taxes. With the mortgage interest deduction (MID), you can write off a portion of the interest on your home loan, lowering your ...