As part of the provisions in President Donald Trump’s tax and spending package, passed last year, everyday donors may see tax gains, while those who itemize, especially high earners, face stricter ...
A new federal tax deduction will allow eligible taxpayers to deduct interest paid on new car loans beginning this tax year.
President Donald Trump's "big beautiful bill" added the "no tax on overtime" deduction for 2025 returns. Here's how to claim ...
The White House has reported that, on average, Americans will receive about $1,300 more in their pocket through the deduction.
A guide to the new 'Bonus Deduction' from the OBBB. Learn who qualifies for the up to $6,000 (single) or $12,000 (married) ...
Seniors 65 and older can claim a new federal tax deduction up to $6,000 for 2025, but it's not automatic. Learn how to get ...
Four main tax breaks were created with the passage of President Donald Trump's sweeping budget bill, from "no taxes on tips or overtime" to a deduction for filers 65 and older.
A new tax deduction for people over age 65 has some thinking about Medicare premiums and MAGI strategy.
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
Financial advisor fees are not tax-deductible now, but there are still tax benefits from working with an advisor.
As a homeowner, you know that your taxes can get complex. Now, with the One Big Beautiful Bill Act (OBBBA) signed into law, you may be wondering what changes you ...