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 home office tax deduction is a tax break that some self-employed people who work from home can take advantage of. Here's ...

You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...

You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...

Here’s when Social Security and SSI checks arrive for February, how much benefits have risen and what new tax and repayment rules mean in 2026.

Here's a look at some of the most commonly assumed tax breaks that either no longer exist or simply don't work the way people expect any more.

The American Dream of homeownership is starting to feel like a high-interest subscription service. Between the down payment and the average $10,867 yearly homeowners bleed for maintenance (according ...

The Internal Revenue Service has released proposed regulations clarifying how a new auto loan interest deduction will work, offering dealerships and consumers detailed guidance on which ...

As homeowners across the U.S. prepare to file their taxes this season, they may be wondering what deductions they qualify for and whether it's worth itemizing or sticking with the standard deduction.

A new, temporary 'senior bonus' will enable many taxpayers age 65 and older to deduct up to $6,000 in income from their federal returns. You must file a new Schedule 1-A. The new enhanced deduction ...

Let’s face it — tax season can be stressful. This is especially true for self-employed individuals and small business owners searching out every self-employed tax deduction and navigating other small ...