GoodRx reports seven overlooked medical expenses that are tax-deductible, including acupuncture and medical transportation, ...
The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...
High health care costs might actually be helpful for you come Tax Day.
Understanding the medical deduction thresholds is essential for individuals and families facing substantial healthcare expenses. TRAVERSE CITY, MI, US, October 9 ...
Dear Liz: I take $5,000 per month out of my brokerage account (and the $1,400 in taxes when I withdraw the money) for my husband’s Alzheimer care facility where he now lives 24/7. Can I only claim ...
Many taxpayers will itemize deductions again on their 2025 federal tax return due to changes affecting the SALT deduction (State and Local Tax deduction). In this clip, we explain why ...
The IRS allows you to claim deductions that reduce the amount of tax you owe. Those deductions either are itemized deductions or standard — a flat rate.
Learn practical methods to cut medical costs, from using generic prescriptions and verifying bills to negotiating office fees and choosing in-network providers.
There are new ways to receive tax deductions for the 2026 filing season. Here's what SC taxpayers should know.