Drivers are looking a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 federal ...

Learn how the new 'No Tax on Tips' deduction can reduce your federal taxable income by up to $25,000 if you earn tips at work ...

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

Social Security recipients will see a 2.8 percent boost in cost-of-living adjustment (COLA) for 2026, raising the average ...

Trump predicts record tax refunds in 2026. Here’s how new tax laws, withholding changes, and timing could mean a bigger ...

Gambling losses have been tax-deductible in the past, but this time around, gamblers will be limited to receiving a 90 ...

Discover what a first mortgage is, its importance as a primary lien, key requirements, and tax benefits. Learn how it compares with a second mortgage and explore real-life examples.

You might be able to lower your present-day tax bill while boosting your retirement savings. But getting the mechanics right ...

If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.

Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...

The government is adding a new deduction for non-itemizers. Starting in 2026, they will be able to deduct up to US$1,000 of ...

The IRS widened income ranges for most tax brackets, which could slightly reduce how much is withheld from paychecks.