Tax Deductions
News, insights and expert analysis on tax deductions from the team at Kiplinger.
Latest
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Holiday Shopping Tax Tips for Business Owners
Tax Deductions Before hitting the sales, businesses should know these key deductions and look out for overspending.
By Kate Schubel Last updated
Tax Deductions -
9 Year-End Money Moves to Make Now
Boost your retirement savings, lower your taxes and get the most out of your health insurance.
By Sandra Block Published
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Taxes on Gambling Winnings and Losses: 8 Tips to Remember
Tax Tips Whether it’s online sports betting, a casino win, or a horse bet, don’t forget the gambling taxes.
By Rocky Mengle Last updated
Tax Tips -
Harris or Trump: Whose Tax Plans Are More Popular with Voters?
Election 2024 A new poll is shedding light on what voters think about election tax policy.
By Kelley R. Taylor Last updated
Election 2024 -
IRA and 401(k) Contribution Limit Changes for 2025: What to Know
Retirement IRS inflation adjustments typically mean higher contribution limits for the new year.
By Kate Schubel Last updated
Retirement -
IRS Expands Tax Breaks for Breast Cancer Screenings, Contraceptives
Healthcare Now you can get a tax deduction or reimbursement for certain medical expenses, like over-the-counter birth control and condoms.
By Gabriella Cruz-Martínez Last updated
Healthcare -
The Truth About Hurricane Relief, FEMA, and Your Taxes
Hurricane Relief Don't believe rumors. Get accurate information to navigate hurricane disaster relief.
By Kelley R. Taylor Last updated
Hurricane Relief -
Is the IRS Coming for Your Gambling Winnings?
Tax Tips The latest tax audit on unreported income points to high-income, high-wealth gamblers. Could
By Kate Schubel Published
Tax Tips -
What Would Kamala Harris's Tax Plans Mean For You?
The Tax Letter Under Harris's tax proposals, upper-income individuals would pay more taxes, while the middle class and lower-income people would pay less.
By Joy Taylor Last updated
The Tax Letter