Tax Breaks
Latest
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States Sending 'Stimulus' Checks in 2023
Rebate Checks Some people are receiving one-time state rebate checks in 2023. Is your state sending money soon?
By Kelley R. Taylor Last updated
Rebate Checks -
Estate Tax Exemption Amount Increases for 2024
Estate Tax The estate tax exemption amount is going up for 2024. Will your heirs escape a tax bill?
By Katelyn Washington Last updated
Estate Tax -
The Extra Standard Deduction for People Age 65 and Older
Tax Deductions The extra standard deduction can help older adults reduce their taxable income.
By Kelley R. Taylor Last updated
Tax Deductions -
Child Tax Credit: How Much Is It for 2024?
Tax Credits What family tax credits and deductions will you qualify for in 2024? And how much are they worth?
By Katelyn Washington Published
Tax Credits -
2023 Child Tax Credit: Who Qualifies and What It’s Worth
Tax Breaks How much will your child tax credit be for 2023?
By Katelyn Washington Last updated
Tax Breaks -
How Much Can You Contribute to Your HSA and FSA in 2024?
Medical Savings The IRS has announced HSA and FSA contribution limits for 2024.
By Katelyn Washington Last updated
Medical Savings -
How Does Being a Veteran Affect Your Taxes?
Veterans Veterans may be eligible for certain federal and state tax benefits.
By Kelley R. Taylor Last updated
Veterans -
What's the 2023 Standard Deduction?
Tax Breaks Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?
By Kelley R. Taylor Last updated
Tax Breaks -
How the EV Tax Credit Works for 2023
Tax Credit The new EV federal tax credit of up to $7,500 can be complicated. Here's what you should know.
By Kelley R. Taylor Last updated
Tax Credit