New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
Can you claim the home office tax deduction this year?
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced deduction for seniors.
For members of the National Guard or military reservists, you can deduct partial travel expenses for attending meetings or drills more than 100 miles from home, even if you don’t itemize. You can ...
Learn who qualifies for home office tax deductions, how to calculate them, and other business write-offs like car mileage and supplies.
You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...
The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...
JACKSONVILLE, FLORIDA / ACCESS Newswire / February 10, 2026 / The 2026 tax filing season began Monday, January 26, and ...
You’ll find new deductions and new forms when you file taxes this year, thanks to the One Big Beautiful Bill Act.
A practical walkthrough of individual tax-planning essentials ...
Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key steps to maximize tax benefits.
Exemptions, deductions and rebates may sound similar, but they work at different stages of tax calculation and directly ...