New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.

As a homeowner, you know that your taxes can get complex. Now, with the One Big Beautiful Bill Act (OBBBA) signed into law, you may be wondering what changes you ...

New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes could lower your tax bill.

The IRS will allow up to $10,000 in car loan interest deduction starting with 2026 tax filings for the 2025 tax year. This new federal tax break applies to qualifying new vehicles purchased after ...

IRS Publication 523 allows taxpayers to exclude up to 500,000 of gain if ownership and residence tests are met. The article explains eligibility, exceptions, and reporting requirements under U.S. tax ...

Tax season is underway and you have until April 15 to file your return with the IRS. For many, especially first-time filers, ...

What President Donald Trump’s latest consumer finance proposals could mean for your money and long-term affordability.

There's good and bad news for home shoppers hoping for lower mortgage rates in 2026 — in the first month of the year, rates fell to a three-year low, and have hovered in the low 6.0% range since. But ...

To qualify for the full deduction, your taxable income can’t be more than $100,000 if you’re a single filer or $200,000 if ...

Want to buy a home or refinance your current one? These are the mortgage interest rates to know right now.

A new tax break offers deductions of up to $10,000, but income limits and loan rules mean most buyers will see much smaller ...

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