The House's first draft of tax legislation includes a provision sought by President Donald Trump to allow tax deductions for interest on car loans. The 389-page tax bill, which is a starting point for ...

Direct File has come under fire during Trump's second term, and now it might be taking a final step toward the chopping block ...

Included in a recent amendment were a few IRS-specific provisions, including eliminating Direct File, increasing the ...

New data from the Internal Revenue Service (IRS) reveals that the average tax refund for the 2024 filing season has increased compared to last year, even as the total number of refunds issued ...

The fate of President Donald Trump’s tax legislation may rest on whether the GOP can find common ground on tax breaks for high earners in predominantly Democratic states — and the issue also ...

On the House side, leaders are struggling to find consensus on a host of hot-button issues, headlined by Medicaid cuts and the state and local tax (SALT) deduction cap. Top lawmakers are looking ...

such as restoring the state and local tax deduction – known as SALT – that has become another flashpoint in Congress’ tax debate. The new tax bracket would raise about $59.3 billion over a ...

From extending the tax cuts he signed into law in 2017 to ending taxes on tips, overtime pay, Social Security benefits and ...

A home improvement loan is a type of personal loan that helps you pay for renovations, repairs and even remodeling. The best loan covers your project's cost and has a rate and term that fit your ...

The expenses for training fees also ... Last year, in tabling Budget 2024, Prime Minister Datuk Seri Anwar Ibrahim had proposed tax relief for the personal purchase of sports equipment, sporting ...

With low premiums and multiple $0-deductible drug tiers, the Cigna Saver Rx plan could be especially worth considering. “But remember, a Medicare Part D plan is only a good fit if it actually ...