In 2025, taxpayers can look forward to an increase in their federal income tax refunds, with some refunds potentially rising by $500 to $1,000 compared to last year. This increase is largely due to ...
IRS staff shortages and new tax laws mean you should file your taxes early and triple-check everything.
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 ...
The new, temporary senior deduction gives taxpayers 65 and older who fall within income limits the opportunity to deduct up ...
Many new tax breaks aren't automatic, including a tax break on tips, overtime, car loan interest or a bonus for those 65 and ...
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 ...
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 ...
You’ll find new deductions and new forms when you file taxes this year, thanks to the One Big Beautiful Bill Act.
If you made a qualified purchase for your business this year, you may be able to deduct the entire expense from your 2025 ...
The standard deduction and the SALT cap are both higher, and there are new perks for seniors, those who financed new cars and ...