The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

If you purchased a new car after Dec. 31, 2024, you can now deduct the interest you paid on the auto loan when you file your ...

The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules ...

Millions of retirees could stop paying federal taxes on Social Security benefits under new legislation and a temporary $6,000 ...

Is vehicle sales tax deductible? Find out how you can lessen your tax burden. Learn who can qualify and how you can claim and ...

The IRS is set to begin accepting and processing 2025 tax returns on Jan. 26. What to do to avoid delays and mistakes as new ...

Taxpayers may get bogged down in the complexities of claiming deductions for tips, auto loan interest and overtime pay.

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 federal income 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 ...

IRS staff shortages and new tax laws mean you should file your taxes early and triple-check everything.

Here are four tax deductions side gig workers can't afford to miss when they file their taxes and some important tax tips.

When President Donald Trump signed the One Big Beautiful Bill Act in July 2025, the administration promoted a sweeping new ...