The basics of the car loan interest deduction is that it must be a new vehicle assembled in the United States, with the loan ...

Whether you want professional income tax preparation or knowledge to reduce your tax burden, Tax School Canada is here to help ...

The Union Budget 2026 has not changed the standard deduction limits, but it remains one of the most important tax breaks for ...

Iowa adopted the federal changes, including deductions on overtime pay, while Illinois opted out of the bill’s provisions. Workers who receive qualified tips can deduct a maximum of $25,000, according ...

Is HELOC interest tax deductible? It can be if the funds are used for eligible home improvements and meet IRS requirements. Learn more with this guide.

President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could impact your tax return this season.

The House is expected to vote this week on a measure to block D.C. from opting out of the Trump administration’s federal tax cuts — an effort that could lessen the city’s anticipated revenue by $600 ...

The proposed rescheduling of cannabis currently under consideration by the Department of Health and Human Services, the ...

Being prepared prior to filing your return is the best way to ensure that your tax return is processed speedily and you receive the maximum refund possible.

In this episode of Tax Notes Talk, Damien Martin and Tony Nitti of EY discuss the second three of their top six tax cases of 2025, focusing on what qualifies as a deduction in Savage v. Commissioner, ...

After being introduced last week, House Bill 559 on Monday went before the House Revenue & Taxation Committee, which voted on ...

Mark Wynn, vice president of tax for Lamb Weston, said conformity is “the right choice for Idaho” but maintained concerns about several business provisions. He pointed to a restriction in the bill ...