If you purchased a new car after Dec. 31, 2024, you can now deduct the interest you paid on the auto loan when you file your ...

The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...

Wondering what tax relief you qualify for? Learn about IRS tax relief programs, credits, deductions and payment options based ...

Getting older comes with its fair share of challenges, from health concerns to managing finances on a fixed income. The cost ...

The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules ...

Add Yahoo as a preferred source to see more of our stories on Google. Senior citizens who are also homeowners have to worry about property taxes in most states — but not all! But the reality is more ...

On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law. It includes two federal tax deductions for a portion of an eligible worker’s tips and overtime earnings.

The standard deduction is rising in 2026 by $350, or $700 for couples. The tax brackets are changing slightly as well. Assuming the same income, your tax bill could go down slightly for 2026. Each ...

Exemptions, deductions and rebates may sound similar, but they work at different stages of tax calculation and directly ...

The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger credits for families, adoptions, and employer-provided childcare. The top ...