Starting in 2025, a new proposal could let you deduct up to $10,000 in car loan interest annually. Part of "The One Big Beautiful Bill Act," the measure aims to ease costs for car buyers but raises ...

The Reconciliation Bill being debated in the Senate contains many tax provisions beyond extending portions of the Tax Cuts ...

WASHINGTON—Republican senators are making a mad dash to pass the GOP tax-and-spending megabill and send it to President Trump ...

The Senate is on the verge of advancing Trump’s priorities, dubbed the One Big Beautiful Bill. Here’s how it could change the ...

Even while most focus only on standard deductions, there are several hidden credits and deductions that can significantly ...

The interest you pay on a business loan is tax-deductible if you meet specific criteria defined by the IRS. Here's what you need to know about these criteria.

The Senate parliamentarian struck down several key provisions in President Donald Trump's major tax and spending bill.

The property tax deduction is great for homeowners. Here's how it works in 2024 and 2025 and what you can do to save money. ... Child Tax Credit and Student Loan Interest).

A tax deduction reduces your taxable income and how much tax you owe. ... Internal Revenue Service. “Topic No. 456, Student Loan Interest Deduction. ...

Republicans' "big beautiful" bill, if enacted as drafted, would make some of the biggest changes to the federal student loan ...

The last U.S. Senate committees have submitted revisions to the House-passed One Big Beautiful Bill Act, shoring up funding ...

Tax season can feel overwhelming, but it’s also a golden opportunity to keep more of your hard-earned money. Every year, ...