Get ready for tax season: the IRS has raised deductions and credits for 2025, with even bigger changes on the way for 2026.

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...

Buying a new American-made car could mean a bigger tax break for many Americans. Under President Trump's new bill, drivers ...

Is college tuition tax-deductible? Learn the difference between deductions and credits and how students or parents can still ...

The One, Big, Beautiful Bill (OBBB) passed in July of last year offers new tax deductions, including exemptions for seniors, ...

I will turn 65 in March. If I wait until then to file my federal income taxes, can I get the bigger senior deduction ? They ...

A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify and claim the deduction when they file their taxes this year.

A total of 24 provisions of the Tax Cuts and Jobs Act will expire Dec. 31, 2025, impacting millions across the nation. The act was initially enacted in December of 2017 by Trump in his first term.