tax deductions

Tax Relief Available for California Wildfire Victims
Tax Breaks

Tax Relief Available for California Wildfire Victims

Residents and businesses impacted by the California wildfires get more time to file and pay taxes.
October 19, 2020
Hurricane Delta Victims Get More Time to Pay Taxes
Tax Breaks

Hurricane Delta Victims Get More Time to Pay Taxes

The tax relief is currently available to Hurricane Delta victims in Acadia, Calcasieu, Cameron, Jefferson Davis, and Vermilion parishes in Louisiana.
October 19, 2020
Tax Tip: How to Deduct Property Damage Caused by Hurricane Delta
Tax Breaks

Tax Tip: How to Deduct Property Damage Caused by Hurricane Delta

Get the maximum tax deduction for property losses resulting from Hurricane Delta or other natural disasters.
October 9, 2020
Retirees' Guide to Giving for the Greatest Impact
Making Your Money Last

Retirees' Guide to Giving for the Greatest Impact

The need for charity is climbing, particularly to combat the rising poverty, hunger and homelessness from the pandemic’s economic fallout. Here's how …
October 7, 2020
Most-Overlooked Tax Breaks for the Newly Divorced
tax deductions

Most-Overlooked Tax Breaks for the Newly Divorced

Filing taxes after a divorce can add yet another problem to an already long list of challenges. But here are some tips to make your return to single l…
September 18, 2020

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Tax Tip: How to Deduct Property Damage Caused by Hurricane Laura
Tax Breaks

Tax Tip: How to Deduct Property Damage Caused by Hurricane Laura

Get the maximum tax deduction for property losses resulting from Hurricane Laura or other natural disasters.
August 31, 2020
IRS Extends Tax Due Dates for Hurricane Laura Victims
Tax Breaks

IRS Extends Tax Due Dates for Hurricane Laura Victims

Victims of Hurricane Laura have until the end of the year to file tax returns and make tax payments.
August 31, 2020
Tax Relief for Hurricane, Wildfire, Flood and Other Natural Disaster Victims
Tax Breaks

Tax Relief for Hurricane, Wildfire, Flood and Other Natural Disaster Victims

Deductions for lost or damaged property, filing and payment extensions, and fee waivers can help taxpayers hit by a hurricane, wildfire, tornado, eart…
August 25, 2020
Do You Qualify for a $300 Tax Deduction Under the CARES Act?
tax deductions

Do You Qualify for a $300 Tax Deduction Under the CARES Act?

What is the new above-the-line universal tax deduction, and how does it work?
August 23, 2020
10 Tax Breaks for the Middle Class
tax deductions

10 Tax Breaks for the Middle Class

Tax breaks aren't just for the rich. There are plenty of them that are only available to middle- and low-income Americans.
June 30, 2020
13 Tax Breaks for Homeowners and Home Buyers
income tax

13 Tax Breaks for Homeowners and Home Buyers

Owning (or buying) a home is expensive. But at least there are some tax deductions, credits, and exclusions that can help you recoup some of those cos…
June 22, 2020
CARES Act Expands Tax Deductions for Charitable Giving
taxes

CARES Act Expands Tax Deductions for Charitable Giving

Which tax break you can take under the economic stimulus bill depends on whether you itemize or claim the standard deduction on your 2020 tax return.
April 30, 2020
Working from Home: Can You Claim the Home Office Deduction or Write Off Other Business Expenses on Your 2020 Tax Return?
Tax Breaks

Working from Home: Can You Claim the Home Office Deduction or Write Off Other Business Expenses on Your 2020 Tax Return?

People temporarily telecommuting because of the coronavirus pandemic are wondering if they can get a tax deduction out of it. It depends on your emplo…
April 14, 2020
Claim These Tax Deductions Even If You Don’t Itemize
IRAs

Claim These Tax Deductions Even If You Don’t Itemize

One of the biggest changes the 2017 tax reform law brought was a near doubling of the standard deduction.
April 2, 2020
Most-Overlooked Tax Breaks and Deductions for the Self-Employed
income tax

Most-Overlooked Tax Breaks and Deductions for the Self-Employed

Have you recently gone into business for yourself? Check out these seven ways to make the tax law work for you.
February 13, 2020
15 Tax Breaks You Won't Believe Are Real
tax deductions

15 Tax Breaks You Won't Believe Are Real

As you struggle with your tax return, trying to come up with some extra deductions to pump up your refund or reduce what you owe, don't you sometimes …
January 31, 2020
10 Tax Breaks for the Middle Class
taxes

10 Tax Breaks for the Middle Class

December 20, 2019
End-of-Year Moves to Trim Your 2019 Tax Tab
tax deductions

End-of-Year Moves to Trim Your 2019 Tax Tab

It's time to look for last-minute moves that can shrink your 2019 tax bill. But the end of the year is coming fast, so don't procrastinate.
November 8, 2019
Last-Minute Tax Tips to Lower Your 2018 Tax Bill
taxes

Last-Minute Tax Tips to Lower Your 2018 Tax Bill

November 12, 2018
What the New Tax Law Means for Small Businesses
business

What the New Tax Law Means for Small Businesses

The most sweeping tax overhaul in three decades brings lots of good cheer for businesses, ranging from a lower corporate tax rate to big tax savings f…
May 17, 2018
Giving to Charity: Strategies to Ensure a Tax and Human Benefit Under New Tax Law
tax law

Giving to Charity: Strategies to Ensure a Tax and Human Benefit Under New Tax Law

Changes to the tax law in 2018 have taken away most people's ability to deduct charitable contributions. But there are still a few options to consider…
January 31, 2018
5 IRS Rules for Renting Out Your Vacation Home
taxes

5 IRS Rules for Renting Out Your Vacation Home

Whether you use your vacation getaway every weekend or just a few times a year, you may want to rent it out occasionally to offset some of your expens…
August 9, 2017
Tax Deductions for Independent Contractors
tax deductions

Tax Deductions for Independent Contractors

Write-offs for business expenses will help offset your self-employed income.
January 15, 2017
Tax Planning for Owning a Second Home
home

Tax Planning for Owning a Second Home

Learn how mortgage interest, property taxes, rental property and tax-free profit affects your tax return.
December 14, 2016
Tax Savings for Single People
tax deductions

Tax Savings for Single People

Reduce the amount you owe to Uncle Sam by adjusting your withholding, switching to a Roth 401(k) and making IRA contributions sooner rather than later…
January 7, 2015