Your cat isn't a dependent, but your guard dog might be a business expense. Here are the IRS rules for pet-related tax ...

Editor's note: This is the second installment of New Year, New You, a weeklong look at your financial health headed into 2026. Military pay deductions are an important part of your total pay situation ...

Find out if your new car or truck was built in the United States. See the window sticker or use a VIN Decoder tool at the National Highway Traffic Safety Administration website. Beginning on 2025 tax ...

The IRS released proposed regulations (REG-113515-25) on Wednesday providing guidance for taxpayers and lenders regarding the temporary deduction for qualified passenger vehicle loan interest. The new ...

Lowering your tax burden is one of the smartest money moves you can make, and knowing how to do so is crucial to financial success, whether it's tax season or not. The good news is that there are lots ...

A satirical social media post falsely claimed President Donald Trump signed a "Home Gym Deduction Act." Americans could see larger tax refunds in 2026, but it won't be due to home gym equipment. A Dec ...

A viral social media post falsely claims President Donald Trump signed a "Home Gym Deduction Act." A similar bill, the PHIT Act, would allow some fitness expenses to be tax-deductible. It has been ...

Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only modest savings. By Adam Sella Reporting from Washington As President Trump ...

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 ...

Your pets are family. But to the IRS, they’re just personal expenses — and it typically means food, toys and vet bills don't qualify as deductions. Yet, there are some surprising exceptions. Service ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Effective January 1, 2026, the One Big Beautiful Bill Act ...

American taxpayers aged 65 and older will receive a new $6,000 bonus tax deduction next year as part of President Donald Trump’s One Big Beautiful Bill Act. The temporary deduction comes alongside ...