All new car and truck buyers who take out a car loan won't qualify for the tax deduction. Much will depend on your income, ...

Due to the income tax changes made in the FY 2024-25 (AY 2025-26), Form 16 will show certain changes this year. It will ...

The charitable donation tax deduction lets you write off qualified gifts to nonprofit organizations, but there are rules to ...

The state and local tax deduction, SALT, permits taxpayers who itemize when filing end-of-year taxes to deduct certain taxes paid to state and local governments – and it's a subject of controversy ...

To fulfill Trump's campaign promise, House GOP lawmakers want to offer a tax deduction for car loan interest. How would it ...

The "One, Big, Beautiful Bill" seeks to make the 2017 tax cuts permanent and expand them further. Standard deductions would increase, child tax credits would rise to $2,500, and business owners would ...

House Republicans passed President Donald Trump’s “one big, beautiful bill” on May 22. This meaty budget reconciliation bill ...

The IRS has adjusted federal income tax brackets for 2025, increasing the standard deduction and shifting tax thresholds to account for inflation.

Given this environment, local leaders must do what they can to preserve and strengthen progressive revenue tools, advocate ...

The GOP’s $4,000 tax deduction for seniors offers limited relief and falls short of Trump’s promises, raising questions about ...

If you prefer using a pen and paper to file your taxes every year, you might want to consider using a special tax form that ...

Louisiana state Rep. Julie Emerson got the House to approve legislation to cut income and sales taxes. Then the math got in ...