What is a health savings account? It can offer a tax break while you save money to cover medical expenses. There are some ...

For most people, your tax return for the 2025 tax year won't be due until April 15, 2026. That gives you plenty of time to plan ahead, which is what wise taxpayers do each year. As they say, proper ...

An HSA is a savings account that allows you to set aside pre-tax funds to cover qualified medical expenses. You can ...

Along these lines, you may be eligible for an HSA this year even if you weren't in previous years. 2. Funds contributed by your employer count toward your contribution limit Like IRAs and 401(k ...

With many federal employees unexpectedly losing their jobs, now is a good time to review some essential tax rules.

Long-term care can cost upwards of $100,000 per year and many expenses are not covered by Medicare or private insurance. Here ...

If you're filing taxes yourself and want a max refund, there are tricks of the trade to do it—but accounting experts actually ...

Other deductions Enter any eligible tax-deductible expenses or contributions not accounted for elsewhere (e.g., HSA contributions ... can differ by form type. For example, most independent ...

Charitable contributions ... For example, someone who makes $75,000 would be taxed at 10% up to $11,600, 12% at up to $47,150, and 22% up to $75,000. The hope is that any money withheld on your ...

Last-minute tax breaks IRA contributions Health savings accounts Know your limits ... Most come in the form of deductions (which decrease your taxable earnings) and credits (which offer a dollar ...

The Internal Revenue Service announced tax relief for individuals and businesses in Tennessee that were affected by severe ...

(Estimated tax payments go on line 26 of Form 1040; tax software will walk you through this process.) You can make estimated payments more frequently — once a month, for example — as long as ...