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

The 'One Big Beautiful Bill Act' (OBBBA), signed into law on July 4, 2025, introduces a new $6,000 tax deduction for seniors.

Understanding what deductions are coming out of your pay is key to knowing where all your money is going. More importantly, ...

Here's what you can deduct if you aren't itemizing, along with tax brackets, senior deductions including the phaseout ramp, ...

Social Security represents a major source of monthly income for many citizens, especially retirees. The "new" deduction will ...

The proposed regulations issued today relate to a new deduction for interest paid on vehicle loans incurred after Dec. 31, ...

Retirees often leave money on the table at tax time. Discover 12 overlooked tax deductions that could lower your tax bill and ...

In proposed regulations for the car loan interest deduction, the IRS addresses issues for taxpayers and lenders, including eligibility criteria for the deduction and information-reporting requirements ...

Social media posts claim President Donald Trump just signed a bill that would allow for home gyms to be tax deductible. They ...

President Donald Trump’s “Big Beautiful Bill,” which he signed into law in July, includes provisions that could impact many ...

Investing.com -- The U.S. Treasury Department is moving forward with implementing President Donald Trump’s tax deduction for interest on American car loans, according to U.S. Secretary of the Treasury ...

Social media posts claim President Donald Trump just signed a bill that would allow for home gyms to be tax deductible. They ...