Individuals have to pay their share of income tax on the income or profits earned by them. The tax is paid on the taxable ...

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

Most taxpayers should use the standard deduction, but itemizing may save you more money if you ... a doctor's visit that you covered if your health insurance company later paid you back. This includes ...

Saving for your retirement in your 40s and 50s may mean playing catch-up. Here's how to save more and pay less in taxes now ...

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

Health insurance is important with increasing age, and the tax system recognizes this fact. Senior citizen policies come with added tax benefits because of the heightened medical risk posed by aging.

If you buy your Obamacare policy from the federal marketplace or a state marketplace, you may qualify for a premium tax credit based on your income. These credits, also called subsidies, help you ...