Tax-deductions
Latest
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Art Donation Tax Scam Targets Wealthy Filers
Tax Scams There’s an art tax scam circulating, and the IRS says high-income taxpayers are most at risk.
By Katelyn Washington Published
Tax Scams -
Charitable Gift Annuities: Benefit Yourself and Your Favorite Charity
Charitable Gifts Donating to charitable gift annuities can provide you with tax breaks now and income later. Here’s what you need to know.
By Sandra Block Published
Charitable Gifts -
Does Summer Camp Qualify for a Childcare Tax Credit?
Tax Breaks Are you wondering if summer camp qualifies for the child and dependent care tax credit? It might, and other childcare expenses might, too.
By Katelyn Washington Published
Tax Breaks -
What Is the Bonus 'Guaranteed' Standard Deduction?
Legislation A proposed Republican tax cut package contains a 'bonus' of up to $4,000 for the current standard deduction. Could it help?
By Kelley R. Taylor Published
Legislation -
EV Tax Credit 2023: What's Changed and What's Ahead
Tax Breaks Federal EV tax credit rules continue to change for 2023 causing confusion for buyers and manufacturers.
By Kelley R. Taylor Last updated
Tax Breaks -
15 Believe It or Not Tax Breaks
Tax Breaks Your fellow taxpayers have successfully claimed write-offs for many things that most of us wouldn't even imagine.
By Joy Taylor Last updated
Tax Breaks -
Will Hyundai or Kia EVs Qualify for the Electric Vehicle Tax Credit?
The electric vehicle tax credit has spurred concern that Kia and Hyundai EVs won’t qualify—without some flexibility.
By Kelley R. Taylor Published
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Student Loans and Taxes: Some Basics to Know
taxes Payments for student loans are on pause and student loan cancellation is being decided by the Supreme Court—but there are other things to know about student loans and taxes.
By Kelley R. Taylor Published
taxes -
Abortion and Taxes: What Happens Now Without Roe v. Wade?
Women & Money See how abortion-related medical expense deductions, HSA and FSA payments, employer-provided travel, and charitable contributions will be handled now that Roe v. Wade has been overturned.
By Rocky Mengle Published
Women & Money