A new tax break offers deductions of up to $10,000, but income limits and loan rules mean most buyers will see much smaller ...
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
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 ...
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 ...
Learn who qualifies for home office tax deductions, how to calculate them, and other business write-offs like car mileage and supplies.
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.
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Consumer Reports: New tax deductions offer relief for service workers and seniors
The One Big Beautiful Bill introduces tax deductions for tips, overtime, seniors, and vehicle purchases, with specific qualifications and phase-out limits.
The average refund last year was $3,167. This year, analysts have projected it could be $1,000 higher, thanks to changes in tax law.
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