Tax Breaks
Latest
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New RMD Rules: Starting Age, Penalties, Roth 401(k)s, and MoreRMDs The SECURE 2.0 Act made major changes to rules for required minimum distributions (RMDs) — are you up to speed?
By Rocky Mengle
RMDs -
Home Office Tax Deduction: Work From Home Write-Offs in 2026Tax Breaks Can you claim the home office deduction on your taxes this year?
By Rocky Mengle
Tax Breaks -
The Extra Standard Deduction for People Age 65 and OlderTax Deductions The extra standard deduction can help older adults reduce their taxable income.
By Kelley R. Taylor
Tax Deductions -
New York STAR Tax Relief Checks Being Sent Now: Who Gets $350 to $1,500Tax Relief Check your eligibility for average property tax savings ranging from $350 to $1,500 this year.
By Kate Schubel
Tax Relief -
Florida Voters to Decide on $250,000 Property Tax Exemption This FallYour Home The proposed exemption is designed to lower annual tax bills for primary residences, but critics warn cities could hike local service fees to offset revenue losses.
By Chrissy Paradis
Your Home -
Tax Benefits of Hiring Your Kids Plus IRS Rules to FollowTax Breaks Hiring your child can potentially lower your tax bill and help kids develop skills, but there are some rules you need to know — and follow.
By Kelley R. Taylor
Tax Breaks -
New Poll Shows People Hate Data Centers: Billions in Tax Exemptions Are One Reason WhyTax Policy Data centers in Virginia and other states are sparking backlash about how AI, cloud computing, and investment affect local communities.
By Kelley R. Taylor
Tax Policy -
IRS Reveals New 2026 Child Tax Credit and other Family Credit AmountsTax Credits Key family tax breaks are higher for 2026, including the Earned Income Tax Credit and the Adoption Credit. Here's what they're worth.
By Kate Schubel
Tax Credits -
Giving Money for a Wedding or Graduation? See if You Know These IRS Gift Tax RulesQuiz Can you separate fact from fiction when it comes to IRS rules about how much you can gift tax-free? Take our quiz.
By Kelley R. Taylor
Quiz
