The White House has said workers benefiting from the deduction could see up to $2,000 in annual federal tax savings.

As the Republican-led Congress pushes forward with President Donald Trump’s landmark 2025 mega tax bill, you may have noticed ...

For example, the company may charge you $500 to file your tax return and will deduct the fee from your $1,500 refund. This leaves you with $1,000 even if the company doesn’t charge you interest.

Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t ...

Tax refund advance loans are short-term loans that are repaid through your upcoming IRS tax refund. Loans are usually offered from December through February, and amounts can range from $100 to $4,000.

One provider ‒ none were listed by name ‒ promoted an advance loan product that was offered from Nov. 1, 2023, through Dec. 31, 2023, that had a rate of 35.9%, the report said.

Instead, by withdrawing $10,000 tax-free from her reverse mortgage line of credit, Barbara avoids increasing her provisional income, keeping her Social Security benefits tax-free. Benefits: ...

STATEN ISLAND, N.Y. — Dozens of seniors applauded Rep. Nicole Malliotakis Monday morning after she revealed her work to deliver tax relief on Social Security and to boost the State and Local Tax ...

There are several tax benefits of owning a home that can increase your returns and save you money—find out which of these applies to your home.