With taxes, it can pay to keep things simple. These 5 tax deductions let you trim your tax bill without itemizing.

Your pre-tax IRA is subject to future income taxes, depending on your bracket. But it could offer planning opportunities, ...

IRA funds can be withdrawn to put toward a home purchase, but depending on your age and circumstances, there may be financial ...

Although Trump enacted the $10,000 SALT cap in 2017, he reversed his position last year on the campaign trail, vowing to “get ...

Here are some key tax moves seniors should make before the April 15 tax filing deadline: ...

The Inflation Reduction Act (IRA) of 2022 significantly enhanced the Section 179D deduction, making it even more valuable for ...

Your aging-in-place plan could benefit from the medical expense tax deduction. But watch out for capital gains and property ...

IRA contributions are often tax-deductible, but your eligibility for a full, partial, or no deduction depends on factors like ...

While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, ...

Looking to avoid running out of money in retirement? Consider longevity protection provided by a QLAC as a component of your ...

Saving for retirement on your own is a critical task if you don't have access to a workplace plan. Tax time is the best time ...

If your child has earned income, they can contribute to a Roth IRA. Opening a Roth IRA for kids can significantly change ...