The business mileage rate is increasing by 4 cents, to 62.5 cents per mile, while the medical and moving mileage is also increasing by 4 cents, to 22 cents per mile, for the final six months of 2022.

In some rare cases, making a tax savings move can benefit you in more than one way. This is the case with direct contribution of qualified investments, such as stock, owned more than one year that have appreciated in value.

During retirement, the tax burden can become very complex. Without proper planning you could be paying thousands you do not have to ... Here are four key areas to help you plan.

Here are moves you can make to reduce your taxable income. But the year is quickly coming to a close, so plan accordingly.