To qualify for the full deduction, your taxable income can’t be more than $100,000 if you’re a single filer or $200,000 if ...

A new tax break offers deductions of up to $10,000, but income limits and loan rules mean most buyers will see much smaller ...

The 2026 tax filing season began Monday, January 26, and everybody is expecting bigger refunds this year due to the 2025 tax ...

The IRS will allow up to $10,000 in car loan interest deduction starting with 2026 tax filings for the 2025 tax year. This ...

This type of insurance includes liability coverage, which can shield you if you're found at fault for damages to someone else. It also pays to repair or replace your property's structure if it's ...

The basics of the car loan interest deduction is that it must be a new vehicle assembled in the United States, with the loan ...

New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes could lower your tax bill.

Learn who qualifies for home office tax deductions, how to calculate them, and other business write-offs like car mileage and supplies.

Tax season is underway and you have until April 15 to file your return with the IRS. For many, especially first-time filers, ...

Taxes usually feel straightforward until real life complicates them. Beyond the familiar deductions, the IRS has approved a ...

If you've recently gone into business for yourself, don't miss these sometimes overlooked credits and tax deductions for the self-employed.

Professional fees also play an important role in legitimate tax savings. Payments to accountants, bookkeepers, consultants, and attorneys are fully deductible. Working with a tax professional not only ...