If you choose to itemize deductions, you'll have the option of deducting the state and local sales tax you paid, or you can ...

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

With more mainstream curiosity surrounding EVs, bolstered by a ten-year extension in federal tax credits under the Inflation Reduction ...

The federal tax credit for electric vehicle purchases has far outlived its purpose and now stands as a glaring example of ...

Here's a breakdown of when funeral expenses are tax deductible, how to document these expenses for estate deductions and ...

Is there a rule of thumb on how long someone should keep their old financial paperwork? I have file cabinets full of old receipts, bank and brokerage ...

When the clock strikes midnight and the calendar turns to 2025, some Americans will start paying more for gas or other energy ...

Learn about the best tax write-offs for small businesses and self-employed individuals to maximize your deductions and reduce ...

The Internal Revenue Service and the Security Summit partners issued a consumer alert about the growing threat of bad tax advice on social media that continues to dupe people into filing inaccurate ...

If you are a W2 wage earner, your income doesn’t fluctuate with the ups and downs of your employer’s profitability. As long as the business stays afloat, you get paid. Those of us who own ...

As we get older and our financial life gets more complicated, it’s difficult to know how long to keep financial records and ...