Latest Tax Deduction Articles
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How to write off bad debt
There are a few ways to offset losses from business debt or nonbusiness debt.
3 min read Jun 04, 2020
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Private mortgage insurance (PMI) federal income tax deduction returns
Homeowners who are paying PMI may be able to deduct this cost once again. Here’s how.
3 min read Mar 24, 2020
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Open an IRA before the tax deadline to save on taxes
It’s not too late to get a tax deduction for your IRA contributions.
4 min read Feb 04, 2020
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Is an IRA certificate of deposit (CD) tax deductible?
Looking to score more tax deductions? IRA CDs might be for you.
3 min read Feb 12, 2018
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Americans think Washington will hurt their personal finances
Americans say they don’t expect to gain a lot from the GOP tax cut.
3 min read Dec 21, 2017
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This Giving Tuesday, many Americans plan to give back
Approximately one out of five charitable donations will be larger than last year’s.
2 min read Nov 28, 2017
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When can you take a tax deduction for moving expenses?
If your new job prompted a move, you might be able to write off the costs. Here’s how.
2 min read Apr 04, 2017
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How to cut your taxes using above-the-line deductions right on your Form 1040 or 1040a
Some taxpayers may claim up to a dozen deductions right on their Form 1040. Here’s how.
4 min read Mar 28, 2017
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Tax lesson for teachers: Educator expenses can be written off
Teachers can deduct classroom supplies, professional development courses and more.
2 min read Mar 24, 2017
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IRS Schedule A deductions can lower your tax bill
It’s true! There are some good taxes, and you can use them to reduce your IRS bill.
2 min read Mar 14, 2017