The majority of employees with Health Savings Accounts (HSAs) are not aware of the ability to use funds to purchase long-term care insurance a new study finds.

A story published in today's TurboTax details ten very odd tax deductions that IRS actually allows and that you can have in case you still have to file your taxes today or applying for an IRS tax extension.

Bloomberg reports that Hillary Clinton Writes Off $13.2 Million Loan to Campaign, by Jonathan D. Salant.

IRS yesterday announced an increase in the optional standard mileage rates for the final six months of 2008. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. IRS mileage rate increase is designed to be a fairsolution for businesses.

The IRS has created a new "safe harbor" that allows vacation home owners to exchange their mixed-use properties and still receive 1031 treatment. Here are some of the rules you must follow for this exchange, reports Smart Money.

The year is closing, but there's still time to purchase HP business desktop PCs and add-on options/accessories to help you increase productivity and your tax-deduction potential.

Texas CPAs Explain How to Take Some Less Common Tax Deductions

When you overlook tax deductions, you overlook tax-savings opportunities. The Texas Society of Certified Public Accountants explains that while taxpayers are generally familiar with common deductions, such as mortgage interest and medical expenses, they can fail to claim others. Here is a rundown of some lesser-known tax deductible expenses.