One of the biggest tax decisions that a couple can make is whether to take the standard deduction or itemize. The standard ...

2025 tax deduction allows buyers to save on auto loan interest, making car ownership more affordable for qualifying vehicles.

Americans who are 65 and older got a hefty new tax break under the massive tax bill that President Donald Trump signed into law on July 4: A new bonus deduction that’s worth as much as $6,000 per ...

High-net-worth taxpayers who concentrate their philanthropic donations during this tax year can avoid new deduction floors ...

Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year. Taxpayers will not be able to deduct interest on loans ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

High earners face unique tax challenges under Trump-era policies—discover smart strategies to reduce liabilities and maximize ...