Can I Claim Childcare Expenses on My Tax Return?
The information in this article is up to date for tax year 2024 (returns filed in 2025). Who’s going to watch the kids while I go to work? That’s the million dollar question many parents ask themselves when school is out. While kids look forward to sleeping in, hanging out and...
Are Dental Expenses Tax Deductible?
Are dental expenses tax deductible? Generally, yes, if they are necessary for medical care and meet IRS guidelines. This article breaks down which dental costs qualify and how to claim them, helping you understand how to potentially reduce your taxable income. Key Takeaways Dental...
Tax Write-Offs for Video Game Streamers
The information in this article is up to date for tax year 2024 (returns filed in 2025). Streaming your favorite games isn’t just about entertaining viewers—it’s also about managing your business, and that includes taxes. While you're busy leveling up your channel, there are tax...
Military Tax Benefits: How Service Members Can Save More
The information in this article is up to date for tax year 2024 (returns filed in 2025). As a member of the U.S. Armed Forces, you make countless sacrifices to serve your country. The last thing you should be stressing over is your tax return. Thankfully, the government offers...
What Are Digital Assets and How Are They Taxed?
The information in this article is up to date for tax year 2024 (returns filed in 2025). With the rise of cryptocurrencies, NFTs, and widespread digital infrastructure, more and more people are gaining and trading value through their digital assets. But what exactly are digital...
Are Political Contributions Tax Deductible? Find Out Here
The information in this article is up to date for tax year 2024 (returns filed in 2025). Are political contributions tax deductible? The simple answer is no. The IRS explicitly states that contributions to political parties, candidates, or campaigns cannot be deducted on your tax...
What Are the Benefits of E-Filing Your Taxes?
The information in this article is up to date for tax year 2024 (returns filed in 2025). 90% of people e-file their tax returns. And it’s no surprise why. Thanks to technology, there’s no reason to prepare your return by hand and mail it in. With online tools and services, you can...
Are Hearing Aids Tax Deductible? What You Need to Know
The information in this article is up to date for tax year 2024 (returns filed in 2025). Hearing aids can be really expensive, and if you’re shelling out that kind of money, you’re probably wondering, "Are hearing aids tax deductible?" It’s a great question, and the good news is,...
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