It is conceivable that Trump could sway congressional Republicans to include a carried interest reform in the sweeping tax ...

President Donald Trump wants to make interest payments on car loans tax-deductible if the car is made in America. Does your ...

When you think of your income, a paycheck probably comes to mind. But there are many other types of income that have to be ...

Key Takeaways - Is Interest on Personal Loans Tax Deductible? You can use a personal loan for a variety of useful purposes, ...

Like most filers, we usually take the standard deduction, but itemizing our taxes is saving us money this year.

The government considers interest on CDs, savings and other deposit accounts as taxable income. That means you must report it ...

The Tax Policy Center examined which cities and states would be the most affected if Congress eliminates the tax exemption.

Taxes are a part of life for everyone — albeit a pretty unpleasant part. But it’s important to know how the U.S. tax code ...

The interest you pay on your mortgage could help you lower your taxes. With the mortgage interest deduction (MID), you can write off a portion of the interest on your home loan, lowering your ...

Discover top-rated tax relief services to help you resolve tax issues, reduce debt, and avoid penalties. Learn how ...

Some might be. In general, most closing costs are not tax-deductible. This is because the IRS regards them as part of the ...

Social Security benefits are handled differently than regular income by the IRS, which can make tax season tricky.