If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.
A guide to the new 'Bonus Deduction' from the OBBB. Learn who qualifies for the up to $6,000 (single) or $12,000 (married) ...
President Donald Trump's "big beautiful bill" added the "no tax on overtime" deduction for 2025 returns. Here's how to claim ...
Seniors 65 and older can claim a new federal tax deduction up to $6,000 for 2025, but it's not automatic. Learn how to get this tax break and avoid missing out.
A new federal tax deduction will allow eligible taxpayers to deduct interest paid on new car loans beginning this tax year. Lawmakers say the measu ...
The White House has reported that, on average, Americans will receive about $1,300 more in their pocket through the deduction.
If you're 65 or older, this could have a huge effect on your taxes this year.
New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes could lower your tax bill.
Financial advisor fees are not tax-deductible now, but there are still tax benefits from working with an advisor.
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.