Itemized Deductions vs. Standard Deduction: Which Saves More?
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Itemized Deductions vs. Standard Deduction: Which Saves More?

Feb 15, 2026

Key Takeaways  Standard vs. itemized deductions both reduce taxable income, but the standard deduction is a flat amount while itemizing totals specific expenses; choose whichever gives the larger deduction each...

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Can You Deduct IVF or Fertility Treatments? 
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Can You Deduct IVF or Fertility Treatments? 

Feb 14, 2026

Key Takeaways  Fertility treatments, including IVF, ovulation induction, and related diagnostic procedures, can be deductible medical expenses if they are medically necessary and the taxpayer is diagnosed as infertile.  For 2026, only...

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Taxes on Inherited Accounts | Optima Tax Relief
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Taxes on Inherited Accounts | Optima Tax Relief

Feb 11, 2026

Key Takeaways:   Most inherited retirement accounts are taxable. Distributions from traditional IRAs and 401(k)s are taxed as ordinary income, while qualified Roth distributions are generally tax-free.  The 10-year rule applies to...

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