The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...

Some might be. In general, most closing costs are not tax-deductible. This is because the IRS regards them as part of the ...

Staying healthy means staying happy. If you are happy, you and your loved ones can live a better life. When it comes to ...

Your aging-in-place plan could benefit from the medical expense tax deduction. But watch out for capital gains and property ...

President Donald Trump wants to make interest payments on car loans tax-deductible if the car is made in America. Does your ...

President Trump proposed making loan interest on American-made vehicles tax deductible. Here's what tax policy experts say ...

Brazil announced new rules on Wednesday to expand payroll-deductible loans for private-sector workers through the country's ...

Depending on what you've spent, claiming your medical expenses can get you a bigger refund. We walk you through everything you need to know before filing your taxes.

Senate Bill 773 and House Bill 1246 would require insurance companies to apply assistance toward a patient's deductible, ...

Brazil's government announced new rules on Wednesday to expand payroll-deductible loans for private-sector workers through ...