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 ...

The Arizona Capitol exercise of crafting a budget is always about hitting a moving target, this year's could be even more ...

A new tax provision taking effect in 2026 aims to expand charitable giving by allowing small donations to be deducted without itemizing a tax return. Known as the Permanent Universal Charitable ...

The 2026 basic standard deduction amounts represent an increase of 2.22%. That continues a string of smaller increases, ...

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.

Benjamin Franklin famously quipped that there’s nothing certain in life other than death and taxes. Any changes to the latter pique the interest of most Americans. As it does annually, the IRS ...

Retirees often leave money on the table at tax time. Discover 12 overlooked tax deductions that could lower your tax bill and ...

The IRS has increased the standard deduction for the 2026 tax year. Find out the new amounts and how this change could lead ...

In proposed regulations for the car loan interest deduction, the IRS addresses issues for taxpayers and lenders, including eligibility criteria for the deduction and information-reporting requirements ...

The Internal Revenue Service announced new standard mileage rates for 2026, increasing the business mileage deduction to 72.5 ...

Those using personal vehicles for business will see a slight increase, while other uses saw rates drop slightly or remain ...

The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for ...