Nobody likes student loan payments, but this tax deduction might help you ease their burden during tax season.

Not sure if borrowing from your home equity is a smart move this April? In certain instances, it may not be. But if you use ...

Even with HELOC interest rates routinely falling, a home equity loan can still be valuable for homeowners. Here's why.

Tax season has arrived, and unless you're planning to file an extension, it's time to get started. While taxes are always ...

you can potentially deduct your interest payments from your tax return Your home's overall value can drop during your loan term, which could cause you to owe more than it's worth Home equity ...

Home equity loans and HELOCs have lower interest rates than credit cards, encouraging some homeowners to use them to pay off ...

Donald Trump announced tariffs on auto imports but also raised the possibility of a new deduction for interest on car loans.

Some 13% of 401(k) participants have an outstanding loan against their retirement savings, according to a recent study, with an average $10,708 loan amount. Using a 401(k) loan can be useful, but ...

Since we withdrew money from our 401 (k), we expect to owe the IRS money this year. However, by itemizing and deducting the interest paid on our mortgage debt, along with several additional tax breaks ...

This deduction is applicable to buying or constructing a home, which must be completed within five years from the end of the financial year in which the loan was sanctioned. Section 80C is vast.

Owning a home is a dream for many individuals, and the government encourages citizens to invest in property by offering various tax benefits under the Income Tax Act of 1961. Understanding these ...

The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a minimum level of tax, regardless of deductions and credits that might otherwise ...