Small business owners should always work with an accountant at tax season to ensure everything is properly filed. Thankfully ...

KEY TAKEAWAYS The Federal Reserve kept interest rates higher than usual in 2024, making savings accounts more profitable and, ...

As tax season rolls around, you may have a number of questions on your mind — including whether your mortgage interest is tax deductible in 2025. The short answer is yes, but whether or not ...

Under the Tax Cuts and Jobs Act, itemizing homeowners homeowners can deduct mortgage interest on up to $750,000 worth of ...

To cut down on costs, you may wonder: Is personal loan interest tax deductible? The answer depends on how you spend the funds. Here’s what you need to know about deducting personal loan interest ...

WASHINGTON — President Trump asked congressional Republican leaders Thursday to end tax perks for sports team owners and ...

People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.

From summer camps to smart home devices, here are four categories of expenses to consider adding to your list.

It's still possible that if you own a home, your mortgage interest alone might exceed the standard deduction, says Steve ...

The best-known tax break is most likely the mortgage interest deduction. It may also be the least understood. There are two keys: You must file an itemized tax return. There are annual loan amount ...

Finance Minister Nirmala Sitharaman on Saturday said tax deductions at source (TDS) will be rationalised for senior citizens ...