
Articles
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1 month ago |
nerdwallet.com | Tina Orem |Sabrina Parys
The HSA contributions limits have increased for 2026. The maximum for individuals rises to $4,400, and the maximum for families rises to $8,750.
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2 months ago |
nerdwallet.com | Tina Orem
Here are 12 easy moves you can make to lower your tax bill this year, plus tips for how to take advantage of them. See which ones will work for you.
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Mar 3, 2025 |
nerdwallet.com | Tina Orem
Charitable contributions are generally tax-deductible if you itemize. The amount you can deduct may range from 20% to 60% of your adjusted gross income.
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Feb 26, 2025 |
chicago.suntimes.com | Sabrina Parys |Tina Orem
El mejor lugar para cobertura de noticias y cultura latina en Chicago. | The place for coverage of Latino news and culture in Chicago. Las exenciones fiscales generalmente se dividen en dos categorías principales: deducciones fiscales y créditos fiscales. Conforme examinas los programas que podrían aplicarse potencialmente a tu caso, es una buena idea conocer las diferencias de cómo funciona cada beneficio.
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Feb 21, 2025 |
chicago.suntimes.com | Sabrina Parys |Tina Orem
Tax breaks are generally broken into two major categories: tax deductions and tax credits. As you examine programs that could potentially apply to you, it’s a good idea to know the differences in how each benefit works. In short, a tax credit gives you a dollar-for-dollar reduction in the amount of tax you owe. A tax deduction, also sometimes called a tax write-off, provides a smaller benefit by allowing you to deduct a certain amount from your taxable income.
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