The IRS provides student loan interest deduction that lets borrowers subtract some of the payments from their taxable income.

The sales tax deduction lets you deduct the state and local sales taxes you've paid during the year, but only if you itemize ...

A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify and claim the deduction when they file their taxes this year.

The IRS will begin accepting 2025 tax returns on Monday, Jan. 26, 2026, the agency announced. Taxpayers have until Wednesday, ...

Drivers buying new U.S.-assembled vehicles could unlock major tax savings in 2026. Trumps new tax law allows up to $10,000 in ...

(The Center Square) – Millions of Americans who work overtime shifts or receive tips will be eligible to claim new deductions on their 2025 tax returns, the Trump administration announced Friday.

The Internal Revenue Service released new rules this week for a tax break that lets you deduct up to $10,000 in car loan ...

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...

Before you file your taxes, see if you qualify for these five money-saving options. You could miss out if you don’t check.