For the first time in five years, certain forms of student loan forgiveness will be taxable following a change in federal tax ...

Some people who’ve bought a new car recently might be eligible for up to a $10,000 deduction on their federal taxes. As part ...

Most commercial tax-prep companies have free tiers. H&R Block is one of the most popular and has an easy-to-navigate ...

This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.

Are you a college student? Though there are a lot of expenses associated with college, there are a few student tax credits and deductions you can take to lower your ...

We break down the definitions and eligibility rules for the five IRS filing statuses to help you maximize your refund this tax season.

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

Some deductions remain every year, but others change or disappear and new ones crop up. Learn about the best tax deductions ...

When tax season rolls around, deductions and credits can make a real difference in how much you owe -- or how much you get ...

College students need to do their taxes, and many have student loans. So, if you're a student or a student loan borrower, ...

"Less ideal debt" is for buying an asset that drops in value, like a car loan, or has a high interest rate, like credit cards. "Necessary debt" is used to buy an asset that can rise in value, like a ...

Do I need to file a tax return? The answer depends on your filing status, your age and the type of income you earn. Each ...