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

Tax deductions are once again a key focus for Australians as tax time rolls around. The Australian Taxation Office (ATO) ...

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

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

Senate Republicans’ tax bill raises the "SALT" deduction cap to $40,000. Here's who could benefit from the change.

The House wants to raise the SALT deduction cap, which would help wealthy Californians pay less in federal taxes. The Senate disagrees.

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

As Senate Republicans release key details of President Donald Trump’s spending package, some provisions, including the federal deduction for state and local taxes, known as SALT, remain in limbo ...

Here’s a simple example. You’re self-employed and in 2025, you lease a car for use in your business that is valued at $71,000. You must reduce the deduction for the lease payments on Schedule ...