Are Funeral Expenses Tax Deductible?

Are Funeral Expenses Tax Deductible?

The information in this article is up to date for tax year 2024 (returns filed in 2025). Are funeral expenses tax deductible? The short answer is that in most cases, they are not deductible on individual tax returns. However, there are specific situations where...
Are Medical Expenses Tax Deductible?

Are Medical Expenses Tax Deductible?

Taking an unexpected trip to the doctor can really bust your budget. Depending on your insurance, you can pay up to $7,500 just to fix a broken leg. That’s the bad news. The good news is your out-of-pocket medical expenses are tax deductible and may be claimed on your...
What Tax Deductions Can I Claim?

What Tax Deductions Can I Claim?

The information in this article is up to date for tax year 2024 (returns filed in 2025). Tax season can be stressful, especially when you’re not sure what tax deductions you can claim. The good news is, you’re probably eligible for more deductions than you...
Do I Have to File Taxes? Find Out Now

Do I Have to File Taxes? Find Out Now

The information in this article is up to date for tax year 2024 (returns filed in 2025). Taxes often get a bad rap, with many people thinking of them as a complicated, unavoidable chore. But the truth is, not everyone needs to file! If you’re wondering, “Do I have to...