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Owning a home offers lots of tax breaks. Here are homeowner expenses you can deduct on Schedule A -- and some you can't. And more... [Read More]
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Tax law is complex even for the experts. Find out how to avoid these typical tax surprises. [Read More]
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Can a traditional IRA offer you an immediate tax deduction? Here's how you can use the account to cut your taxes. [Read More]
Medical expenses can take a big bite out of your wallet. A couple of special accounts, however, are good remedies for both your doctor and... [Read More]
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It's true! There are some good taxes, and you can use them to reduce your IRS bill. [Read More]
Do you have a Roth IRA? Read up on the rules to find out if and how much you can contribute and what the other... [Read More]
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The earned income tax credit could not only wipe out your tax bill, but also produce a refund. See if you qualify. [Read More]
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Steer clear of certain tax deductions or risk the ire of the IRS. But note these exceptions. Learn more about taxes at Bankrate.com. [Read More]
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The American opportunity credit and lifetime learning credit can help students and parents reduce their education expenses. [Read More]
If you have a home office, should you use the new simplified home office deduction method? Run the numbers using the simplified method and the... [Read More]
The bad news: Unemployment benefits are taxable. The good news: You may be eligible for other tax breaks. [Read More]
What does the IRS tax? Just about everything. The Internal Revenue Code defines taxable income as gross income minus deductions. [Read More]
Having kids could pay off for you at tax time. Find out the rules of claiming dependents on taxes, whether it's your child or a... [Read More]
Owning a home is exciting, challenging and the biggest investment of many people's lives. It's also a good way to reduce your tax bill. [Read More]
The alternative minimum tax came into being half a century ago as lawmakers tried to prevent the very rich from escaping their fair share of... [Read More]
If you adopted a child, whether foreign or domestic, be sure to take advantage of the adoption tax credit. Here are the rules. [Read More]
Are you caring for an aging parent? If you answered yes, you may qualify for some tax help. [Read More]
If you're looking for a new job, any expenses you incur could pay off at tax-filing time. Find out what expenses you can write off. [Read More]
Getting tax breaks on your IRS hobby income is not as tough as you might think. [Read More]
Did you make a profit on your home sale last year? You might now owe Uncle Sam anything. Learn more about the IRS rules for... [Read More]
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