Drivers are looking a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 federal ...

Understanding what deductions are coming out of your pay is key to knowing where all your money is going. More importantly, ...

Here's what you can deduct if you aren't itemizing, along with tax brackets, senior deductions including the phaseout ramp, ...

In 2025, the One Big Beautiful Bill Act (OBBBA) introduced a significant change in retirement taxation with the $6,000 ...

Social Security represents a major source of monthly income for many citizens, especially retirees. The "new" deduction will ...

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

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

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 ...

A new federal car loan incentive could save buyers thousands in interest, but the fine print and model exclusions mean many ...

Taxpayers should check the vehicle information label to figure out whether a car they purchased this year qualifies for Trump ...

Social media posts claim President Donald Trump just signed a bill that would allow for home gyms to be tax deductible. They ...