Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

Taxpayers and businesses are encouraged to review IRS instructions and updates closely as new rules take effect.

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

The law does not automatically provide a tax break for interest on every car loan. Only new car buyers who meet these ...

If you're ready to file your 2025 income taxes (and receive your potential tax refund) early, here is the information and ...

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 ...

With home prices and loan sizes rising sharply, experts say Budget 2026 should raise the home loan interest deduction under ...

The latest changes come after the passage of the One, Big, Beautiful Bill Act (OBBB), which was signed into law on July 4, ...

The Treasury and IRS are implementing President Trump’s auto loan interest tax deduction, allowing eligible buyers to deduct ...

The Tribunal held that interest on income-tax refund is taxable in the year of receipt and qualifies for Section 80-IA ...

Whether interest earned on fixed deposits by a credit co-operative society qualifies for deduction under section 80P(2)(a)(i).Ruling & Takeaway: The Tribunal held that interest from depositing surplus ...

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