The new tax deduction allows some borrowers to deduct up to $10,000 in auto loan interest after purchasing a qualifying ...

The New Tax Deduction for Car Loans Isn’t As Great As It Sounds. Here’s How It Works. Advertising Disclosure: When you buy ...

The standard deduction is a portion of income that is not subject to tax and can be used to reduce a tax bill instead of ...

The latest auto loan tax break promises savings for drivers, but only if you meet the relatively strict requirements. Learn ...

Older Americans can now benefit from a "senior bonus" tax deduction, but it largely depends on their income. SACRAMENTO, ...

Deducting eligible health costs from your taxable income can help lower taxes and what you owe the IRS, but the types of ...

The One Big Beautiful Bill (OBBB) introduces groundbreaking tax deductions, offering substantial savings for millions of ...

President Donald Trump's massive agenda law makes some new tax breaks available. That is, beyond making permanent a series of ...

Taxpayers can soon take advantage of a new federal tax credit of up to $1,700 for donations to scholarship-granting ...

The exact dollar amount you'll save depends on several factors, including your annual income and tax filing status. A Council ...

Contributing to a 401(k) retirement plan has tax advantages, which can help create a bigger nest egg in the long run.

Several tax breaks can help you cover the high costs of education, future college expenses and interest you pay on student ...