Medicare expert Jae Oh explains why taxable income, health insurance, and retirement taxes can no longer be planned in ...

Under Sec. 213(a), taxpayers may deduct expenses paid during the tax year for medical care, provided these expenses are not compensated by insurance or otherwise. The deduction is available for ...

Every year, as you file your federal income tax return, you have an important decision to make: itemize, or take the standard deduction. You can only pick one, but at least you can select the option ...

The IRS won’t require employers to separately report tips and overtime in 2025, which may be confusing for employees. New IRS guidance can help taxpayers figure the deductions. The IRS has released ...

Vista Medical Center East in Waukegan has not paid over $2 million in property taxes, causing liens to be put on the property, and the hospital system was also recently downgraded to a “D” rating in a ...