In this week's Ask the Editor Q&A, Joy Taylor answers questions on itemized deductions claimed on Schedule A of Form 1040 ...

The One Big Beautiful Bill Act, which was signed into law in July, created several new tax provisions and made changes to others that are in effect for this year. So it’s worth having the rundown of ...

Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...

Discover when dental insurance premiums are tax-deductible and understand exclusions. Learn about coverage types and how cosmetic procedures impact deductions.

Q. Hi, Dan. I don’t understand why people are talking about the new deduction for charitable gifts next year. Haven’t charitable gifts always been deductible? — Carl in Rockledge A. Carl, for millions ...

These seven common deductions draw IRS scrutiny — not because they're suspicious, but because most people document them wrong ...

H&R Block is one of the most popular tax filing software options today, but is it right for you? The tax prep company allows self-employed individuals and business owners to file their tax returns ...

Plus: Claiming pets–and people–as dependents, Health Savings Accounts, charitable giving and tax deductions, tax filing deadlines, tax trivia and more.

With changes to tax law, the Dec. 31 deadline has become almost arbitrary, yet people still hew to old habits. However, there might be better ways to plan out your generosity now that it's not tied so ...

The amount paid in points is deductible by the buyer and not the seller. Instead, the seller reduces their profit from the ...