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

Tax rules in 2026 tilt even more heavily toward people who take the standard deduction, thanks to new above the line write ...

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 ...

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.

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

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 ...

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

Learn how to deduct casualty and theft losses on your taxes effectively. Understand eligibility, criteria, and the filing ...

Social Security recipients will see a 2.8 percent boost in cost-of-living adjustment (COLA) for 2026, raising the average ...

This provision in last summer’s tax law could actually make budget-balancing a little bit easier for states if they follow ...