The so-called "no tax on car loan interest" promise has enough dents and dings to leave plenty of car buyers upset when they ...

Millions of Americans may pay less tax in 2025 as the IRS explains how workers can claim new deductions on tips and overtime ...

Americans who are 65 and older got a hefty new tax break under the massive tax bill that President Donald Trump signed into law on July 4: A new bonus deduction that’s worth as much as $6,000 per ...

Federal tax code overhaul under the One Big Beautiful Bill Act delivers sweeping changes for individuals and businesses, ...

The IRS has increased the standard deduction for the 2026 tax year. Find out the new amounts and how this change could lead ...

You might be able to lower your present-day tax bill while boosting your retirement savings. But getting the mechanics right ...

Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. For an expense to be deductible, the cost must be ...

This article is the first in a new column, Personal Financial Planning, covering the role of CPAs in advising individuals and ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in ...

Understanding your 1040 is the best way to legally minimize your taxes. Top tax professionals will tell you that effective tax planning needs to be proactive, not reactive. The best tax planning needs ...

You might be able to claim your fur babies' expenses on your tax return. Here are some situations that may count. Jasmine Johnson is an Accredited Financial Counselor and Accountant. She has over a ...