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 ...

The IRS has adjusted its 2025 tax brackets and increased amounts for the standard deduction and several other items to ...

Fortunately, some of these costs are tax deductible and can shave thousands off your taxable income. To claim these tax breaks, though, you'll need to itemize your deductions. If your itemized ...

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

A deductible is the amount you'll have to pay for medical care at the beginning of your insurance policy. The out-of-pocket max is the most you'll pay for medical expenses in a year. For each policy ...

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

Are medical supplies tax deductible? Yes, medical supplies are tax deductible if they are necessary for the diagnosis, cure, ...

But the Internal Revenue Service (IRS) offers tax breaks as well, including the ability for investors to deduct stock losses. These losses, called capital losses, serve to lower your taxable ...

Friedlander said the federal government recalculates eligibility for SNAP every year and considers individual income, any ...

We've all heard the saying that nothing is certain but death and taxes. I haven't yet found the secret to living a long life, ...