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 ...
Learn who qualifies for home office tax deductions, how to calculate them, and other business write-offs like car mileage and supplies.
Can you claim the home office tax deduction this year?
The financial implications of owning a home go beyond just pride of ownership, as it can offer potential tax benefits. In the U.S., owning a home can lead to significant tax benefits, which might ...
Owning a home these days costs a lot of money. Once you get past the down payment and monthly mortgage costs, homeowners in the US spend an average of $10,867 a year on routine maintenance and upkeep.
Tax season is underway and you have until April 15 to file your return with the IRS. For many, especially first-time filers, ...
The One Big Beautiful Bill Act made some long-awaited permanent changes to the tax code. It also introduced short-term tax ...
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 ...
The Nigeria Tax Act 2025 has formally commenced and does not impose a 25 per cent tax on building materials, construction funds or bank balances, the Presidential Fiscal Policy and Tax Reforms ...