Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
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 ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...
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Sales Tax Deduction: What It Is and How to Claim It
The sales tax deduction lets you deduct the state and local sales taxes you’ve paid throughout the year, but only if you itemize your deductions. If you live in a state with no income tax or have made ...
The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.
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The government probably took too much of your paycheck this year – here’s how to get it back
Trump’s tax bill carved out several areas for tipped workers and older adults, among others, to lower their tax bills ...
For 2025, these autos have a Section 179 tax deduction limit of $12,200 in the first year they are used. In fact, if the ...
The IRS has issued new guidance on bonus depreciation, which was made permanent under the One Big Beautiful Bill Act. Here’s ...
There are several ways to buy a new car, from purchasing one outright with cash to financing it through a car loan. Now, however, a provision in the recently passed One Big Beautiful Bill (OBBB) ...
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