Latest Tax Deduction Articles
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8 foolhardy, silly and outrageous tax deductions: Bankrate’s 2016 edition
Some taxpayers actually try to write off things like tattoos and dance lessons.
5 min read Feb 26, 2016
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Can I defer passive activity loss to next year if earnings are too high?
You can only deduct real estate losses to offset gains, but there are a couple of exceptions.
2 min read Feb 16, 2016
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Cash in on uncommon charitable tax breaks
These oddball charitable deductions can help your favorite nonprofit — and cut your tax bill.
4 min read Dec 30, 2015
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Capital losses can help cut your tax bill
Taking a loss can pay off at tax-filing time, as long as you sell by the end of the tax year.
4 min read Dec 16, 2015
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Cut taxes with early mortgage payment
Cut your tax bill by paying your January mortgage and property taxes in December.
3 min read Dec 09, 2015
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Carson: End mortgage interest tax deduction
Presidential candidate Ben Carson needs to do away with deductions if his flat-tax plan is to work.
2 min read Nov 12, 2015
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Tax exclusion for savings bonds simplified
Plan to tap savings bonds to pay for education? Avoid getting schooled by the taxman.
2 min read Sep 25, 2015
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Tax help for business, pleasure trips
A vacation can be even more satisfying when you get financial help via the tax code.
4 min read Sep 02, 2015
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Tax breaks dead until Congress revives them
More than 50 tax provisions have expired. Will Congress renew them?
3 min read Aug 26, 2015
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Get tax deduction for using home equity line of credit to help son with his home purchase?
The rules for deducting interest on home equity are confusing. Here’s how it works.
2 min read Aug 25, 2015