President Donald Trump has called for raising taxes on carried interest, a form of income earned by hedge funds and private ...

When you think of your income, a paycheck probably comes to mind. But there are many other types of income that have to be ...

President Donald Trump wants to make interest payments on car loans tax-deductible if the car is made in America. Does your ...

If you earn less than $150,000, Trump wants to abolish your taxes, says U.S. Commerce Secretary Howard Lutnick.

The Tax Policy Center examined which cities and states would be the most affected if Congress eliminates the tax exemption.

The government considers interest on CDs, savings and other deposit accounts as taxable income. That means you must report it ...

President Trump proposed making loan interest on American-made vehicles tax deductible. Here's what tax policy experts say ...

The interest you pay on your mortgage could help you lower your taxes. With the mortgage interest deduction (MID), you can write off a portion of the interest on your home loan, lowering your ...

Many people have heard the old advice not to give an interest-free loan to the government, but getting a tax refund isn't ...

Discover top-rated tax relief services to help you resolve tax issues, reduce debt, and avoid penalties. Learn how ...

Some might be. In general, most closing costs are not tax-deductible. This is because the IRS regards them as part of the ...

Social Security benefits are handled differently than regular income by the IRS, which can make tax season tricky.