Here's what you can deduct if you aren't itemizing, along with tax brackets, senior deductions including the phaseout ramp, ...

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

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

Taxpayers could be stretched to new limits in 2026 as complicated new tax breaks kick into place on 2025 federal income tax returns.

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

Americans will secure historic $1,000 refund boosts this spring. A new $40,000 SALT deduction cap fuels this massive windfall ...

President Donald Trump’s One Big Beautiful Bill Act, which was recently signed into law, offers Americans a number of tax benefits. It makes many of the changes from the Tax Cuts and Jobs Act (TCJA) ...

Homeowners now have the chance to write off much more of their state and local tax bills, and this could potentially lead to bigger tax refunds. That’s if they play their cards right on the SALT ...

Only deductible W-2 wages are included in calculating a taxpayer’s Sec. 199A qualified business income deduction.