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 ...

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...

Learn who qualifies for home office tax deductions, how to calculate them, and other business write-offs like car mileage and supplies.

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

A new deduction will allow taxpayers to deduct the interest they paid on a car loan in 2025. But the car loan must be for a new vehicle assembled in the United States.

For members of the National Guard or military reservists, you can deduct partial travel expenses for attending meetings or drills more than 100 miles from home, even if you don’t itemize. You can ...

Tapping into your home's equity can feel like a smart financial move, especially when interest rates on other types of debt ...

The IRS allows you to claim deductions that reduce the amount of tax you owe. Those deductions either are itemized deductions ...

If you run a business and carry a balance on your credit card, here's something worth knowing. The interest you're paying might actually reduce your tax bill. In the United States, credit card ...

On one hand, you could aim to pay off your mortgage principal faster to save on interest and reach debt-free status sooner.