The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.
An above-the-line deduction for charitable giving is in available for non-itemizers in the 2026 tax year and beyond.
About 144 million Americans may qualify for the 2026 universal charity deduction, while high earners face new IRS limits.
Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...
New tax changes from OBBBA in 2026 could significantly impact charitable deductions by altering how donors give.
The IRS has announced larger refunds for next year. In each of the last two tax years, more than 100 million taxpayers ...
The law creates a new deduction of up to $6,000 for people age 65 and older until 2029, and creates a tax break for up to $10 ...
Tax deductions reduce your taxable income, but tax credits reduce your bill dollar for dollar. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...
The One Big Beautiful Bill brought several changes to personal income taxes. Learn what you need to know for the upcoming tax season.
Permanent tax cuts, a higher SALT deduction and new relief for seniors, families and small businesses may help ease rising costs next year.
Economists see the tax cuts in Trump's One Big Beautiful Bill as a principal driver of the U.S. economy in 2026, both for ...
By late December, many tax savings strategies are off the table. But there are still a few simple things that you can do now ...
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