Military service is a tough job, but it comes with privileges at tax time.
New deductions and credits can slash your 2009 tax bill.
It won't happen this year, not with elections coming up, but there's no other way to close the budget gap.
Kiplinger editorial director Kevin McCormally and fellow tax experts Peter Blank and Mary Beth Franklin tackle your most pressing tax challenges.
Each qualifying child could slash your tax bill by up to $1,000.
You can exclude $2,400 of unemployed benefits from taxes — but it isn’t automatic.
Claim an energy tax credit for the home improvements you made last year.
Laid off workers also gain in a stunning district court decision.
Kimberly Lankford helps you find a qualified tax preparer and answers your questions on Roth IRAs, 401(k) rollovers and more.
Sometimes, despite objections from the IRS, taxpayers get to write off the darndest things. Here are 14 of our favorites.
And capital-gains rates on winners are as low as 0% for some.
The type of contribution you make affects your tax bill when you withdraw the money or convert the account to a Roth.
If you bought a new car or truck last year, you can claim a special deduction.
Kiplinger editors provide answers to readers' real-life questions about taxes.
We have answers to all your money-management questions.
Kiplinger editorial director Kevin McCormally and fellow tax experts Peter Blank and Mary Beth Franklin tackle your most pressing tax challenges.
Kiplinger editorial director Kevin McCormally and fellow tax experts Peter Blank and Mary Beth Franklin tackle your most pressing tax challenges.
Got a boomerang kid at home? Put him to use reducing your tax liability.
An expanded standard deduction will save you money, but itemizing could save your even more.
If you sell a house that was converted to rental property at a loss, you might qualify for a tax deduction.
Kiplinger editorial director Kevin McCormally and fellow tax experts Peter Blank and Mary Beth Franklin tackle your most pressing tax challenges.
Kiplinger editorial director Kevin McCormally and fellow tax experts Peter Blank and Mary Beth Franklin tackle your most pressing tax challenges.
Benefit from the new GI Bill and the home-buyer credits.
Kiplinger editorial director Kevin McCormally and fellow tax experts Peter Blank and Mary Beth Franklin tackle your most pressing tax challenges.
Sometimes, despite objections from the IRS, taxpayers get to write off the darndest things. Here are 14 of our favorites.
Itemizers don’t have to wait until they file their 2010 returns, but some might want to.
You’ll find lots of new deductions, credits and expanded eligibility rules when you prepare your 2009 tax return.
Kiplinger editorial director Kevin McCormally and fellow tax experts Peter Blank and Mary Beth Franklin tackle your most pressing tax challenges
Kim Lankford answers more questions about the American Opportunity Credit and other deductions for postsecondary education.
You can deduct a lot of expenses if you're setting up a new business -- or just doing some freelance work.
Welcome to the year of the un-COLA.
Kimberly Lankford explains how to buy Australian bonds, how to get a better tuition tax break and more.
From property taxes to student-loan interest to child-care expenses, find all your tax deductions in our encyclopedias that have been crammed with the information you need to file your tax return ... and hold your tax bill to the legal minimum.
Believe it or not, you actually can ring up tax savings as the result of buying things.
We don't advocate building your family just to reduce your taxes. But you need to know about the savings Uncle Sam offers.