Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...

The charitable donation tax deduction lets you write off qualified gifts to nonprofit organizations, but there are rules to ...

This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.

Some people who’ve bought a new car recently might be eligible for up to a $10,000 deduction on their federal taxes. As part ...

The standard deduction and SALT cap are both higher and there are new perks for seniors, those who financed new cars and ...

WASHINGTON — The Internal Revenue Service released new rules this week for a tax break that lets you deduct up to $10,000 in car loan interest if you buy an American-made vehicle. This means if you’re ...

It’s nearly the end of the year, the traditional time for giving but before opening your wallet, you should know how tax rules are changing so you can maximize your gifts. Itemizers should hit fast ...

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law. Here’s a look at the answers to some of your questions about the new deduction.

A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return. Peter is a writer and editor for the CNET How-To team. He has ...