The IRS offers special tax breaks for seniors that can save you thousands as you get older. Here's what you need to know.

Some folks don’t file taxes simply because they don’t earn enough, but they could be missing out on a significant tax refund.

That, said Laura Tamblyn Watts, means many people who are providing care are not taking advantage of any benefits or claiming expenses on their income taxes that they could be. Report an error ...

But many taxpayers miss out on this valuable tax break because they don't know which expenses are eligible or how to claim them. Here's what you need to know to deduct eligible medical costs from your ...

You can claim your health insurance premiums on your federal taxes if you meet certain conditions. To deduct your health insurance premiums on your taxes, you need to buy your own health insurance and ...

There are common scenarios where pet owners cannot claim tax deductions, even if their pet plays a significant role in their ...

Adult children who care for their parents can claim their parents as dependents on their taxes if they meet certain qualifications.

Filing your taxes online "can help you avoid a lot of those mistakes," because the software can do the math, said Courtney Alev, a consumer financial advocate at Credit Karma. Don’t get greedy with ...

If you are in the process of filing a tax return with the IRS, you may be wondering whether or not you can claim a boyfriend of girlfriend as a tax dependent. The IRS allows for a qualifying ...

The April 15 deadline for filing your tax return is just a few days away now, but there's still time to consider which tax ...