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

Lea Uradu, J.D. is a Maryland State Registered Tax Preparer, State Certified Notary Public, Certified VITA Tax Preparer, IRS Annual Filing Season Program Participant, and Tax Writer. damircudic ...

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

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

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

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 ...

It can also come with tax benefits, one being the mortgage interest deduction. However, not all homeowners can claim this tax deduction, and the rules can be complex. For example, how much you can ...