Tax-deductions
Latest
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Home Office Tax Deduction: Work-from-Home Write-Offs
Tax Breaks Can you claim the home office tax deduction this year?
By Rocky Mengle Last updated
Tax Breaks -
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 Extra Standard Deduction for People Age 65 and Older
Tax Deductions The extra standard deduction can help older adults reduce their taxable income.
By Kelley R. Taylor Last updated
Tax Deductions -
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 -
How Tax Laws and IRS Can Help If You're a Victim of Helene, Milton or Other Federally Declared Disasters
Kiplinger Tax Letter Did you know that some losses — attributable to federally declared disasters — can be deducted, in addition to the tax filing and payment extensions?
By Joy Taylor Last updated
Kiplinger Tax Letter -
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