You can significantly reduce your taxable income and improve your financial health by leveraging commonly overlooked ...

Don't enter 2025 paying more tax than you need to. Check if you're eligible for these remote worker tax deductions.

The Child Tax Credit for 2024 is a tax benefit that provides financial relief to families with qualifying dependent children. For the 2024 tax year (taxes filed in 2025), the credit is worth up to ...

The push towards a greener future and comparatively lower cost of running and maintenance has led to a surge in the usage of ...

Funeral trust: A financial vehicle that allows people to ... While you can’t deduct funeral expenses on your personal tax return, it may be possible to deduct funeral expenses if paid through ...

A tax deduction reduces your taxable income ... “Publication 463: Travel, Gift, and Car Expenses.” Page 22. Internal Revenue Service. "Fully Insured 412(e)(3) Plans." Internal Revenue Service.

Depending on how much you spend on dental care during the year, you might be able to deduct a portion of your dental care costs and reduce your taxable income.

ft., which caps the value of the deduction at $1,500. Car ownership isn't cheap, but those who use their car for business can get a tax write-off for certain expenses, including insurance premiums ...

Snow and ice warnings for Scotland as temperature plummets to -11C ...

Some people are eligible to deduct their sales tax. If you choose to itemize deductions, you’ll have the option of deducting the state and local sales tax you paid, or you can choose to deduct the ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Suzanne is a content marketer, writer, and fact-checker.