Personal loan interest is not tax-deductible on a general basis, but certain uses could potentially qualify you to deduct interest or expenses paid. Certain lenders may restrict your use of personal ...

Tax season is officially here, and millions of Americans are now preparing to file their taxes for the income they earned in 2024. If you own a home, the mortgage interest deduction could reduce your ...

Homeownership is a fundamental part of the American dream. Despite recent economic challenges, the wish to own a home remains strong. But according to a recent survey by Bankrate, while nearly ...

Are you self-employed and wondering how to maximize your tax deductions for the 2022 tax year? Here’s a look at 15 of the best tax write-offs you don’t want to miss: — Qualified business income. — ...

There are many advantages when it comes to using a personal loan to cover a large expense. For one, personal loans tend to carry lower interest rates compared to credit cards, which makes them a more ...

As part of the Tax Cuts and Jobs Act, Congress limited the amount of net interest a business could deduct against its taxable income to 30 percent of adjusted taxable income. From 2018 to 2021, ...