Tax Deductions
News, insights and expert analysis on tax deductions from the team at Kiplinger.
Latest
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Are You a Renter? You Could Save on Taxes
Tax Breaks With these tax savings at your fingertips, rent may be more affordable
By Kate Schubel
Tax Breaks -
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
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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
Election 2024 -
IRA and 401(k) Contribution Limit Changes for 2025: What to Know
Retirement Savings IRS inflation adjustments typically mean higher contribution limits for the new year.
By Kate Schubel
Retirement Savings -
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
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
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
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
The Tax Letter -
Understand These Hobby Loss Rules to Reduce IRS Audit Risks
The Tax Letter The IRS will scrutinize tax returns reporting large losses from any activity that sounds like a hobby. Here is what you need to know.
By Joy Taylor
The Tax Letter
