tax deductions
Tax Relief Available for California Wildfire Victims
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
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 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
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
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 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
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 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?
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
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
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
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?
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
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
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
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
End-of-Year Moves to Trim Your 2019 Tax Tab
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
Last-Minute Tax Tips to Lower Your 2018 Tax Bill
November 12, 2018
What the New Tax Law Means for Small Businesses
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
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
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 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
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 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