The so-called "no tax on car loan interest" promise has enough dents and dings to leave plenty of car buyers upset when they ...

The IRS has increased the standard deduction for the 2026 tax year. Find out the new amounts and how this change could lead ...

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 ...

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 ...

Retirees often leave money on the table at tax time. Discover 12 overlooked tax deductions that could lower your tax bill and ...

The proposed regulations relate to a new deduction for interest paid on vehicle loans incurred after Dec. 31, 2024, to ...

If you want to reduce the money you owe the IRS, you need to claim all of the tax deductions and credits that are available to you. Both deductions and credits can have a big effect on reducing your ...

You must itemize deductions to deduct work-related expenses such as buying or repairing tools required for your job. List your miscellaneous deductions on Schedule A. The deduction for tools is ...

Poker Hall of Famer Erik Seidel has won 10 World Series of Poker bracelets while earning tens of millions of dollars in ...