Tax Deductions
A tax deduction reduces the amount of income that is subject to taxation by federal and state governments. View the current standard deduction amounts and other tax deduction information.
Tax Basics
Latest Tax Deduction Articles
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Debt Consolidation Basics
A complete look at the options available for consolidating debts, identifying which plan works best based on individual needs and the pros and cons of the various options.
1 min read May 01, 2006 -
Home sweet homeownership tax breaks
There are lots of tax reasons to own a home. Here’s how to make the most of them and avoid the pitfalls.
7 min read Feb 16, 2003 -
Tax Talk: valuing charitable donations and taxes on sale of land
Tax Adviser George Saenz answers reader questions on valuing charitable donations and taxes on a partial land sale.
2 min read Mar 23, 2001 -
Special deductions available for elderly and blind filers
A special standard deduction amount for older and blind taxpayers is easy to claim. Just check a couple of boxes on your return.
2 min read Mar 13, 2001 -
Charitable gifts pay off for nonprofits and the donor
Donations can be valuable tax-cutting tools if you follow documentation rules.
2 min read Jan 22, 2001