A new deduction will allow taxpayers to deduct the interest they paid on a car loan in 2025. But the car loan must be for a ...
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 standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...
The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.
Starting for the 2026 tax season, seniors aged 65 and older can claim an additional $6,000 deduction. Here are all the details and how to claim the deductions.
The home office tax deduction is a tax break that some self-employed people who work from home can take advantage of. Here's ...
Taxpayers aged 65 and older are eligible for a $6000 deduction. Here's all on eligibility and how the deductions work with ...
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
When tax season rolls around, deductions and credits can make a real difference in how much you owe -- or how much you get ...
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 ...
Is HELOC interest tax deductible? It can be if the funds are used for eligible home improvements and meet IRS requirements. Learn more with this guide.