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 ...

Here are three timely things all homeowners should know about their home equity: ...

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 ...

A home equity loan or line of credit (HELOC) leverages your ownership stake to help you finance large expenses over time.

The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a ...

When you buy an investment property in Australia, the negative gearing rules allow you to claim all mortgage interest costs as a tax deduction against your employment income. On top, all ongoing ...

One of the most valuable tax deductions for homeowners is the mortgage interest deduction, which applies to interest paid on a qualified home loan. The deduction is available for mortgage loans of ...

Lawmakers are planning to introduce legislation next week to allow car buyers purchasing American-made vehicles to deduct the interest paid on their auto loans from federal income taxes ...

Gray/U.S. Navy The story of Republican tax policy in the Trump era is the ... The good idea was Mr. Trump’s proposal to let companies deduct the full cost of capital expenditures in the year ...

David McMillin writes about credit cards, mortgages, banking, taxes and travel. Based in Chicago, he writes with one objective in mind: Help readers figure out how to save more and stress less.