Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t ...

The Senate’s version of the “big, beautiful bill,” passed on Tuesday, includes a $6,000 tax deduction for Americans 65 or ...

The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are ...

A personal injury firm was entitled to deduct 50% from its client’s damages through its success fee and after-the-event ...

Trump's Big, Beautiful Bill offers a $6,000 senior bonus deduction from 2025-28. Couples can save $12,000. Retirees with ...

Tax deductions for interest paid on loans play a significant role in personal tax planning, offering relief by reducing ...