tax deductions
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What Is the Bonus 'Guaranteed' Standard Deduction?
Legislation A proposed Republican tax cut package contains a 'bonus' of up to $4,000 for the current standard deduction. Could it help?
By Kelley R. Taylor Published
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EV Tax Credit 2023: What's Changed and What's Ahead
Tax Breaks Federal EV tax credit rules continue to change for 2023 causing confusion for buyers and manufacturers.
By Kelley R. Taylor Last updated
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Tax Changes and Key Amounts for the 2023 Tax Year
Knowing the tax changes that apply for the 2023 tax year will give you a step up in planning and can impact your bottom line.
By Joy Taylor Last updated
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The HSA Contributions Deadline Hasn't Passed Yet, So There's Still Time to Reduce Your Tax Bill
The HSA contributions deadline for 2022 is fast approaching, but you still have time to contribute and potentially reduce your tax liability.
By Rocky Mengle Last updated
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EV Charger Tax Credit 2023: What You Need to Know
The federal EV charger tax credit is back for 2023 with a few key changes to know.
By Kelley R. Taylor Last updated
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Home Office Tax Deduction: Work-from-Home Write-Offs for 2022
Tax Breaks Being able to claim the home office tax deduction if you are working from home, depends on your employment status.
By Rocky Mengle Last updated
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13 Tax Breaks for Homeowners and Home Buyers
Tax Breaks Owning (or buying) a home is expensive. But at least there are some tax deductions, credits, and exclusions that can help you recoup some of those costs.
By Rocky Mengle Last updated
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Educator Expense Tax Deduction is Higher for 2022
taxes Some educators can deduct more for classroom supplies because the educator expense deduction for out-of-pocket expenses is higher for the 2022 tax year.
By Kelley R. Taylor Last updated
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Taxes on Gambling Winnings and Losses: 8 Tips to Remember
taxes If you pick the right horse at the track or win some money at a casino or though online betting, don't forget gambling taxes.
By Rocky Mengle Last updated