There are rules to a new tax deduction as to which vehicles qualify to save buyers on the interest paid on loans. Here are ...

The One Big Beautiful Bill Act created a temporary car loan interest deduction for American-made vehicles through 2028, which ...

Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest, and seniors. What ...

Working from home is much more common than it used to be. According to the U.S. Bureau of Labor Statistics, approximately 22.4 million American workers telecommuted for their jobs last year. Discover ...

Don’t overlook these new tax deductions and credits that can help put more money in your pocket. CPA and TurboTax expert Miguel Burgos fills us in.

Not to be confused with the additional standard deduction for seniors, the new senior tax deduction allows qualified filers to shelter even more of their income from taxes. Many, or all, of the ...

You could see a bigger tax refund this year if you earned overtime pay in 2025. President Donald Trump’s tax and spending bill added the no tax on overtime deduction for 2025 federal returns, but it ...

Ever notice in those reality shows, like "House Hunters," focused on residential real estate and home renovations, that everyone wants a home office? There's a good reason for that. That extra home ...

The new senior tax deduction is worth up to $6,000 for single adults and $12,000 for married couples. This reduces your taxable income for the year, potentially resulting in greater tax savings. It's ...

An individual tax return is a government form that reports all income for the previous year and any taxes due on it.