HISTORICAL FACTS: 3 | History Defined

Can You Write Off Your Home Insurance on Your Taxes?

Understanding the rules around home insurance tax deductions can help you avoid missed opportunities and make smarter financial decisions.

GOBankingRates · Nov 3, 2025

Ask the Editor, October 24: What Medical Expenses are Deductible?

In this week's Ask the Editor Q&A, Joy Taylor answers questions on the tax deduction for medical expenses, from Medicare premiums to teeth whitening.

Kiplinger · Oct 24, 2025

Three Critical Tax Changes Could Boost Your Paycheck in 2026

The IRS predicts these tax breaks may change take-home pay in 2026. Will you get over $1,000 in tax savings?

Kiplinger · Oct 23, 2025

Five Ways to Cash In On the $6,000 'Senior Bonus' Deduction

Taxpayers age 65 and older might be able to benefit from a $6,000 'senior bonus' deduction in the next four tax years. Here are five ways to make it pay.

Kiplinger · Sep 29, 2025

Ask the Editor, September 26: Tax Questions on the New Tips Deduction

In this week's Ask the Editor Q&A, we answer reader questions on the new tax deduction for tipped income.

Kiplinger · Sep 26, 2025

3 Ways To Maximize Your Tax Deduction If You’re Itemizing for 2025

President Donald Trump's One Big Beautiful Bill Act (OBBBA) raised the state and local tax (SALT) cap deduction to $40,000 from the previous $10,000, as previously reported by GOBankingRates. For...

GOBankingRates · Sep 24, 2025

Your Golden Years Just Got a Tax Break, But There's a Catch

Don't fall for the 'tax-free Social Security' headlines. The OBBB offers a temporary tax deduction for certain retirees, which is different from eliminating taxes on benefits entirely — and it doesn't solve Social Security's long-term funding issues.

Kiplinger · Sep 21, 2025

One Big Beautiful Bill, One Big Question: Will We Keep Giving?

The rules on charitable giving are changing. For some, tax deductions for donations are now an option. For others, that option may have been curtailed.

Kiplinger · Sep 7, 2025

New $6,000 'Senior Bonus' Deduction: What It Means for Taxpayers Age 65 and Older

If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.

Kiplinger · Sep 4, 2025

New Legislation Temporarily Increased the SALT Deduction Cap — But High Earners May Be Left Out

Among the changes in the One Big Beautiful Bill Act is an adjustment to the state and local tax deduction cap. The bill temporarily increases the SALT deduction cap, allowing taxpayers to deduct a significantly higher amount in state and local taxes.

Benzinga · Sep 4, 2025