Seniors may be able to write off Medicare premiums on their tax returns


If you have Medicare insurance (including supplemental), you know it can be expensive to get the coverage you want. But you may be able to deduct the cost of premiums, along with other medical expenses, on your tax return. Here are the rules.

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Traveling for business again? What can you deduct?


On the road again for business? Here’s a rundown of costs you can deduct for business travel.

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Tax-favored ways to build up a college fund


Your college savings can go farther with tax-favored vehicles. Here are some options.

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2021 Q3 tax calendar: Key deadlines for businesses and other employers


Although you might want to enjoy the lazy days of summer, employers and businesses should be careful not to miss these third quarter 2021 tax deadlines.

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Retiring soon? 4 tax issues you may face


Tax planning is still important after you retire. Here are some of the tax implications of retirement.

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Recordkeeping DOs and DON’Ts for business meal and vehicle expenses


Keeping meticulous business records for meal and vehicle expenses can protect your tax deductions. Here are some DOs and DON’Ts.

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Plan ahead for the 3.8% Net Investment Income Tax


If you’re subject to the 3.8% net investment income tax, you should include it in your tax planning. Here is who the tax applies to and some strategies to minimize it.

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Many parents will receive advance tax credit payments beginning July 15


About 39 million households covering 88% of children in the U.S. will begin receiving monthly tax credit payments soon. Here are the details.

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The IRS has announced 2022 amounts for Health Savings Accounts


Businesses that provide Health Savings Accounts to employees know they have a variety of benefits. Here are a few of them, along with the inflation-adjusted amounts for the 2022 calendar year.

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Still have questions after you file your tax return?


Congratulations if you filed your 2020 tax return by the May 17 deadline. But you may still have questions. We’re often asked about refund status, record retention and amended tax returns. Here are some answers.

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