These tables are a simple alternative to keeping and adding up your itemized receipts. You may have a sense of whether it ...

Eligible donations of cash, as well as items, are tax deductible, but be sure that the recipient is a 501(c)(3) charitable organization and keep your donation receipts. The amount you can deduct ...

Donations to a registered charity fundraiser on GoFundMe, however, are tax-deductible and will receive tax receipts automatically from the platform's charity partner, PayPal Giving Fund.

Keep your HOA invoices, receipts and tax documents for proof and store them in a secure location. Before claiming any deduction, review IRS Publication 527 (Residential Rental Property ...

Keep and file the original receipts instead to help ensure that your deductions will be accepted by tax authorities. Most people who run home businesses are subject to a fairly restrictive rule ...

Purchase orders. Receipts and cancelled checks. You should also keep these documents if the IRS has questions about your home improvement medical expense tax deduction. For more information on ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...