Donald Trump’s proposal to eliminate overtime tax has ignited chatter.

The basics of the car loan interest deduction is that it must be a new vehicle assembled in the United States, with the loan ...

"No Tax on Overtime" – Do You Qualify?

The new, temporary senior deduction gives taxpayers 65 and older who fall within income limits the opportunity to deduct up to $6,000 per person in income from their federal returns or up to $12,000 ...

The SALT cap increases to $40,000 for 2025 — up from $10,000 in 2024. The maximum deduction phases down at higher income ...

TurboTax 's free edition lets you report W-2 income, the Child Tax Credit, the Earned Income Tax Credit, deductions for student loan interest and some interest and dividends. According to TurboTax, ...

Most commercial tax-prep companies have free tiers. H&R Block is one of the most popular and has an easy-to-navigate ...

Paying taxes with a credit card comes with processing fees, but can make financial sense when earning welcome offers, using a 0% intro APR offer or with high-reward cards that offset the fees.

Read about IRS Publication 334, a vital tax guide for sole proprietors and statutory employees, offering essential tips on deductions, credits, and filing Schedule C.

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced deduction for seniors.

After months of doing my best Walter White impression in Schedule 1, I can finally expand my illicit substance empire with less combustible products. Compared to growing the best Schedule 1 weed mixes ...