The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.
Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...
Discover three major new tax deductions for 2025/2026 from the OBBBA law. Learn if you can deduct income from tips, overtime ...
Millions of Americans may pay less tax in 2025 as the IRS explains how workers can claim new deductions on tips and overtime ...
A Vanguard study found that, on average, a hypothetical $500,000 investment over 25 years would grow to $1.7 million if you ...
It's tax season, and Americans are confronted by a lot of tax jargon when preparing their returns. Stream NBC 5 for free, 24/7, wherever you are. Two types of tax breaks stand out among all the lingo: ...
This article is the first in a new column, Personal Financial Planning, covering the role of CPAs in advising individuals and ...
The new year has just begun and income tax deadlines are months away, but there's one thing to start considering now. Many ...
Federal tax code overhaul under the One Big Beautiful Bill Act delivers sweeping changes for individuals and businesses, ...
Tax deductions reduce your taxable income, but tax credits reduce your bill dollar for dollar. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...
H.R. 1, P.L. 119-21, the law commonly known as the One Big Beautiful Bill Act (OBBBA), contains provisions of special ...