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, ...

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

Under current tax law, some self-employed individuals are entitled to tax breaks comparable to incorporated small business owners using Partnership, Sub-S, or regular C Corporation tax filing. It’s ...

The federal One Big Beautiful Bill Act reshaped the tax landscape for small and mid-sized businesses, especially in the Garden State. Tax professionals say the new regulations replace uncertainty with ...

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 ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Johner Images/Getty Images A new ...

Taxpayers who bought a new car in 2025 may qualify for a new tax break in the upcoming filing season — so long as that vehicle was made in the U.S., the Internal Revenue Service said. Taxpayers should ...

Each year, the IRS nudges dozens of tax numbers so ordinary pay rises aren’t secretly taxed away. For tax year 2026—the returns you’ll file in early 2027—those adjustments reflect recent law changes ...

Clients will need more help than usual this tax season, as last summer’s H.R. 1, P.L. 119-21, known as the One Big Beautiful Bill Act, made federal taxes more complicated for many individuals. The law ...

While the 2025 budget bill created some new tax breaks business owners can take advantage of immediately, the meat of the changes to the tax law will start to roll out in 2026. The tax code for ...

New 2026 federal income tax brackets and standard deduction amounts have been released by the Internal Revenue Service — and the changes may affect how much Americans owe when they file in 2027. The ...

The Internal Revenue Service has released the updated tax brackets for the 2026 tax year. The agency also unveiled changes to the standard deduction, earned income tax credit, estate tax credit and ...