If you're nearing retirement age or already there, tax season might be about to get a little less painful. A significant new ...

The Treasury and IRS are implementing President Trump’s auto loan interest tax deduction, allowing eligible buyers to deduct ...

The IRS has updated standard deduction amounts for 2026 to reflect inflation and recent law changes, helping taxpayers avoid ...

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

A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify and claim the deduction when they file their taxes this year.

I will turn 65 in March. If I wait until then to file my federal income taxes, can I get the bigger senior deduction ? They ...

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

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

Treasury Secretary Scott Bessent has hailed President Donald Trump's decision to enable a deduction of up to $10,000 on auto ...

Explore how tax relief programs can help you lower your tax bill and settle debts. Learn about deductions, credits, 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 ...