Itemized Deductions vs. Standard Deduction: Which Saves More?
Feb 15, 2026Key Takeaways Standard vs. itemized deductions both reduce taxable income, but the standard deduction is a flat amount while itemizing...
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Key Takeaways Standard vs. itemized deductions both reduce taxable income, but the standard deduction is a flat amount while itemizing...
Key Takeaways Fertility treatments, including IVF, ovulation induction, and related diagnostic procedures, can be deductible medical expenses if they are medically necessary...
Key Takeaways: Most inherited retirement accounts are taxable. Distributions from traditional IRAs and 401(k)s are taxed as ordinary income, while...
Key Takeaways IRS phishing emails are common and sophisticated, often impersonating the IRS to steal personal data, money, or login...
Key Takeaways IRS tax relief is legitimate. The IRS offers real programs, such as Offers in Compromise, installment agreements, penalty abatements, CNC status, and...
Key Takeaways Student loan wage garnishment happens after default, which typically occurs after 270 days of nonpayment on federal student loans. The...
Key Takeaways The IRS mileage rate 2026 is 72.5¢ per mile for business, 20.5¢ per mile for medical and qualified...
Customer-first approach earns continued recognition for service excellence Optima Tax Relief, the nation’s leading tax resolution firm, has been honored...
Key Takeaways Understanding therapist tax deductions helps reduce taxable income and reinvest in your practice. Ordinary and necessary expenses, like...
Key Takeaways Schedule C returns face higher audit risk because income and deductions are self-reported, making even small errors easy...