Latest
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Tax Relief Available for Arkansas, Illinois, Kentucky and Tennessee Tornado Victims
Tax Breaks The IRS is granting people and businesses impacted by the December storms and tornadoes more time to file and pay certain federal taxes.
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COVID-19 Home Test Kits and PPE are Tax Deductible
Tax Breaks You can also pay for home testing kits and personal protective equipment with FSA and HSA funds.
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Tax Relief for Hurricane Ida Victims Extended to Feb. 15
Tax Breaks People and businesses in Connecticut, Louisiana, Mississippi, New Jersey, New York and Pennsylvania impacted by Hurricane Ida get more time to file and pay certain federal taxes.
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Tax Relief Available for California Wildfire Victims
Tax Breaks Following FEMA's recent disaster declaration, residents and businesses impacted by the California wildfires get more time to file and pay taxes.
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Will U.S. Olympic Athletes Get Hit with a Tax Bill if They Win in Tokyo?
Tax Breaks Thanks to a law passed in 2016, our medal-winning athletes will have little to worry about from the IRS.
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Families with Dependent Care FSAs Get Good News from the IRS
Tax Breaks You'll still get a tax break if you carried over unused amounts from your dependent care flexible spending account from 2020 to 2021.
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Medical Expenses Retirees (and Others) Can Deduct on Their Taxes
tax deductions The list of medical deductions is broad and includes items such as expenses for service animals and the cost of long-term care.
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"Above-the-Line" Deductions for Your 2021 Tax Return
Tax Breaks If, like most people, you claim the standard deduction instead of itemized deductions on your return, there are still many other tax deductions available that could save you a lot of money.
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Smart Ways to Save on Child Care Costs
Starting a Family The expenses and tax complications that come with hiring a nanny were reason enough for me to take my son to day care instead.
Starting a Family
