The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

・The student loan interest deduction can reduce your taxable income by up to $2,500 per year. ・You do not need to itemize deductions to claim it, but income limits apply. ・Many borrowers save $200 to ...

Instead of bolstering relief to help families access critical public goods and services, Republicans in Congress are pushing policy changes to help the rich keep or grow their wealth. A fierce tax ...

Part of being an American is looking toward Tax Day with either dread or anticipation — no matter how far out it is. Will you have to cut a check to Uncle Sam, or will you get a plump refund? Tax ...

While the "One Big Beautiful Bill" signed into law by President Trump on July 4 didn't eliminate taxes on Social Security benefits (a promise Trump made on the campaign trail), it did provide a ...

With two of my sons working this summer and bringing home paychecks, I’m getting more and more questions from them about paycheck deductions. Both of them are working part-time. Although their ...

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