The good news here is that the new deduction for car loan interest is available to people who claim the standard deduction, ...

States are rejecting some of the mega tax package's most popular individal tax provisions to boost their finances. What it ...

After several key changes in 2025, experts are advising taxpayers to start preparing for the coming year now to avoid any costly mistakes.

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the 20% deduction for qualified business income or QBI ...

Direct File won’t be available anymore to do your taxes next year. Here’s what that means once the tax filing season opens in ...

Most states offer at least one tax break to retirees but some exempt multiple forms of retirement income and eight states have no income tax at all.

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 ...

Over two dozen states incorporated the free tax software in 2025, but the IRS has decided to discontinue the program.

President Donald Trump's "One Big Beautiful Bill" didn't do away with taxes on Social Security, but it does give seniors age 65 and older an additional $6,000 bonus tax deduction in tax years 2025 ...