Joy Taylor: Yes. Taxpayers who itemize on Schedule A can deduct qualifying medical expenses to the extent that the total ...

Discover senior living expenses that may qualify for tax deductions. Learn how to reduce your taxable income and save money ...

The IRS has announced an increase in the standard deduction for seniors in 2026, providing financial relief amid rising ...

IRS tax breaks for workers are here. Millions can now keep more of their tips and overtime pay. New deductions for 2025–2028 make it easier to reduce taxable income, save money, and help working ...

The clock is ticking on year-end tax planning. Here are some steps to take now to lower your tax bill before filing next ...

The IRS offers special tax breaks for seniors that can save you thousands as you get older. Many older Americans miss these deductions simply because they don’t know about them. Whether you’re retired ...

Dental bills can add up fast — especially if you’re paying out of pocket for treatments like root canals, implants or braces. Naturally, many taxpayers wonder: Are dental expenses tax deductible? The ...

The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.

From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...

It was indeed possible to claim tax deductions in certain scenarios, such as medical costs for licensed service animals, performance animals, donations to qualifying nonprofits that support animal ...

The IRS has announced an adjustment to the additional standard deduction for seniors in 2026, aimed at reducing taxable ...