If you purchased a new car after Dec. 31, 2024, you can now deduct the interest you paid on the auto loan when you file your ...

OBBBA has introduced a ‘Seniors Deduction’ for retirees over 65, of up to $6,000 for individuals ($12,000 for couples), in 2026 tax filings.

When tax season rolls around, deductions and credits can make a real difference in how much you owe -- or how much you get ...

The home office tax deduction is a tax break that some self-employed people who work from home can take advantage of. Here's what you'll need to know: ...

Here’s what’s new for the 2025 tax returns, even if nothing changed, there are several changes to various deductions for filing a return.

A new federal law enacted last year provides a tax benefit to employees who receive overtime pay – but calling it a “No Tax on Overtime” law is a ...

For those trying to anticipate what's different, here are tax changes that could affect you this year and might even retroactively affect your 2025 taxes.

It’s important for both residents and businesses to understand California state income tax brackets and how they impact what ...