New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.

Donating to a nonprofit doesn’t just help others — it can also help reduce your tax bill. But not every donation qualifies. This guide explains which charitable contributions are tax-deductible, how ...

Middle-class retirees may qualify for powerful tax deductions in 2026. These seven strategies can lower taxable income and ...

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

A donation tracking app designed to help taxpayers document charitable giving and estimate fair market value with ...

Here are five cars with trade-in values so low that selling them to a dealer just does not make financial sense for most owners.

Tax season is underway and you have until April 15 to file your return with the IRS. For many, especially first-time filers, taxes can be daunting and it’s tempting to leave them until the last minute ...

Early-bird tax filers will be happy to know that the Internal Revenue Service will begin accepting and processing 2025 income tax returns on Monday, Jan. 26. Taxpayers are likely to be shocked to ...

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 ...

Behavioral economist Alex Smith thinks we spend too much time fretting about this year's taxes, and too little planning for next year.