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

In addition to capping your car payments at about 15% of your monthly take-home pay, financial experts also recommend that ...

I will turn 65 in March. If I wait until then to file my federal income taxes, can I get the bigger senior deduction ? They ...

Social Security represents a major source of monthly income for many citizens, especially retirees. The "new" deduction will ...

In proposed regulations for the car loan interest deduction, the IRS addresses issues for taxpayers and lenders, including eligibility criteria for the deduction and information-reporting requirements ...

The proposed regulations issued today relate to a new deduction for interest paid on vehicle loans incurred after Dec. 31, ...

Understanding what deductions are coming out of your pay is key to knowing where all your money is going. More importantly, ...

President Donald Trump’s “Big Beautiful Bill,” which he signed into law in July, includes provisions that could impact many ...

The IRS acknowledged that new tax provisions could affect federal taxes, credits, and deductions. The start of filing season is in line with previous years.

Social media posts claim President Donald Trump just signed a bill that would allow for home gyms to be tax deductible. They ...

For retirement savers and retirees, the new year brings more than the usual inflation adjustments to retirement contributions ...