The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.
As many Americans head into 2026 with mounting money worries, reviewing your finances now could help put you on firmer ...
Many people aged 65 or older are now eligible to claim a new senior tax deduction worth up to $6,000 per person per year. To ...
Taxpayers could be stretched to new limits in 2026 as key but complicated new tax breaks kick into place on 2025 federal income tax returns.
Voters' concerns over the rising cost of living during the 2024 election cycle helped propel Donald Trump to a second term in ...
Roth IRAs allow your savings to grow tax free and allow tax free withdrawals in retirement. Your income determines whether you can contribute and how much you can add. The IRS sets annual income ...
There’s still time to boost your 2025 tax refund—as long as you act before December 31. Here’s what to pay, contribute, or adjust before the year ends.
These hidden taxes can strike the moment your income passes certain thresholds, quietly shrinking your take-home pay. From ...
While the wealthiest must be overjoyed with all the tax giveaways in the One Big Beautiful Bill, the new legislation can ...
“It’s not a penalty — it’s a surprise tax hike disguised as a Medicare premium.” That’s how I describe one of the sneakiest traps in retirement: the Income-Related Monthly Adjustment Amount, better ...