Many retirees are surprised to learn that their Social Security benefits may be subject to federal income tax. Understanding how this taxation is calculated can significantly impact the amount of ...

After what seemed like a larger than usual level of political drama, the Trump administration’s “Big Beautiful Bill” was signed into law on July 4th by the President. Now, I ...

Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s ...

Getting your Trinity Audio player ready... On July 4, the “One Big Beautiful Bill” was signed into law making it the “One Big Beautiful Act” and enacting sweeping changes to the Internal Revenue Code.

At a 9.3% interest rate, an average new vehicle buyer could save about $2,200 on taxes over four years, Smoke said. The tax savings would be less on a loan at 6.5%, which is the rate figured into ...

Instalment interest and possible penalty charges will be applied if you do not pay your required tax instalments or paid insufficient amounts. On this page Instalment interest Instalment penalty ...

The Republicans' tax cut and spending package, dubbed the "big, beautiful bill," includes a tax deduction for car loan ...

Disclosures: TurboTax Free Edition is for Simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest). Roughly 37% of taxpayers ...

The ‘One Big Beautiful Bill Act’ offers a $10,000 auto loan interest deduction for U.S.-assembled cars—but eligibility rules ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year ...

Anyone in the market for a car will soon be able to write off fees for their purchase as a tax exemption. The Senate ...

President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, ...