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Whether you are an employee, an employer, or a self-employed individual, there are a range of Federal tax deductions available to you, including breaks provided by Health Savings Accounts (HSAs) and similar tax-advantaged accounts.

Tax rates, deductions, and phase outs seem to be changing constantly, making the timing of income and expenses trickier than ever.

Did you know that searching for a new job can be tax deductible? The costs of your job hunt may lessen your tax burden if you are looking for a new position in your present occupation.

At the same time that older students are choosing to acquire more education, the Internal Revenue Service has made it more difficult to get an educational deduction.

Maximizing your deductions and exemptions, as well as taking advantage of any tax credits available to you, is a great way to start saving money on your next tax bill.

If you’ve recently purchased a new home, you may be wondering if you qualify for a full tax deduction for “points” paid to your mortgage lender.

If you use your car for business, you may be entitled to some tax deductions if you meet certain rules and limitations.

Fundraising through vehicle donation programs took a hit when the American Jobs Creation Act was passed in October 2004.

If you have an office in your home, you may be able to deduct a portion of the costs of owning and operating your home (including depreciation) as a business expense.

Basic income tax planning starts with an understanding of how various types of income are taxed, what kinds of deductions are allowable, and where the “break points” fall in applying the tax rates.