Are medical expenses tax-deductible? Find out what qualifies, how the 7.5% AGI threshold works and when itemizing medical costs could lower a tax bill.

Think taxes automatically drop in retirement? Not always. Discover overlooked deductions that can help retirees lower taxable income and keep more money.

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...

The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and ...

There's some new and important information for when you file your taxes this year. PPE like face masks and hand sanitizer are now tax deductible medical expenses. The IRS made the announcement on ...

Once you turn 50, and especially after age 65, you may qualify for extra tax benefits. People 65 and older get a higher ...

For members of the National Guard or military reservists, you can deduct partial travel expenses for attending meetings or drills more than 100 miles from home, even if you don’t itemize. You can ...

Taxes usually feel straightforward until real life complicates them. Beyond the familiar deductions, the IRS has approved a ...

Even with Medicare, health care costs in retirement can eat up savings quickly. Here’s how much retirees typically spend, and how you can plan ahead.