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

Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than a year ago — thanks to several new changes in the tax rules, including ...

Taxes are inevitable, but most people would probably rather not hand over a portion of their hard-earned money to the government. Fortunately, there are plenty of legal ways to lower the amount ...

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 ...

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 ...

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 ...

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

Health savings account limits are rising too. In 2026, individual coverage increased to $4,400 and family coverage to $8,750. If you are age 55 or older and are not enrolled in Medicare, you can ...

The standard deduction for single taxpayers increased to $15,750 for tax year 2025. It also increased to $23,625 for the head ...

Filing taxes this year may be more difficult than last year because of changes from the One Big Beautiful Bill Act.

The quickest way to get your refund is to file electronically. The IRS’ typical turn-around time for a refund on an ...

If you made a qualified purchase for your business this year, you may be able to deduct the entire expense from your 2025 ...