The White House has reported that, on average, Americans will receive about $1,300 more in their pocket through the deduction ...

The senior deduction may bring some much needed relief to taxpayers grappling with inflation at the grocery store and ...

Retirees will see a nice change to their returns this year.

Here's the thing. The new senior deduction introduced in the One Big Beautiful Bill Act allows those 65 and older to claim an ...

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...

A new federal tax deduction will allow eligible taxpayers to deduct interest paid on new car loans beginning this tax year.

From 2025 to 2028, anyone 65 or older can claim a deduction of $6,000 in addition to the current additional standard ...

The budget bill passed in July adds a new deduction for seniors that could eliminate taxes on social security for some.

This new deduction applies to 2025 through 2028 federal income tax returns. To qualify for the deduction, the interest must be paid on a loan used to purchase a passenger vehicle for personal use that ...

President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could affect your tax return this season.

President Donald Trump's "big beautiful bill" added the "no tax on overtime" deduction for 2025 returns. Here's how to claim the tax break.

Financial advisor fees are not tax-deductible now, but there are still tax benefits from working with an advisor.