It's an above-the-line deduction, meaning you can take advantage of it without needing to meet a high medical expense threshold. While many taxpayers know they can deduct certain medical expenses ...

The idea of getting a tax credit for a car loan sounds good in theory, but will it offset the big hit you're going to take ...

Another worthwhile deduction is the continuing education ... maintains or improves skills needed in your present work,'" meaning "if you're taking classes to change careers or you're working ...

The IRS says it's an "above-the-line" deduction, meaning you don't need to itemize-just pop it on your Form 1040, Schedule 1. Sweet deal, right? But here's where income comes in. So, how does it work?