A deduction to defray homeowners’ state income taxes and local property taxes is getting much more generous, following fierce debate among lawmakers in Washington. The focus on the write-off is now ...

From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...

Just when you thought you knew your federal income taxes, here comes a curveball: Key tax breaks are disappearing in 2026. During his first presidency, Donald Trump signed the Tax Cuts and Jobs Act ...

The mere mention of tipping in the U.S. prompts people to take sides, either fiercely criticizing the practice or defending it on behalf of the workers whose wages depend on the whims of the people ...

A Redfin report reveals that New York homeowners will save an average of $7,092 annually due to the expanded federal cap on state and local tax (SALT) deductions, raised from $10,000 to $40,000. The ...

Thousands of dollars in potential tax savings are available — but only through the end of the year. By Rachel Wharton The Inflation Reduction Act made home-renovation history in 2022 by expanding tax ...

In yet another example of what is colloquially known as home equity theft, a 91-year-old Pennsylvania woman has lost her home—and all of its worth—over a small tax debt. But the case just outside of ...

Some 'no tax on tips' occupations might surprise you: Podcasters, social media influencers, plumbers and house painters. The new, special tax break on tips is retroactive and applies to eligible tip ...

President Donald Trump signed the One Big Beautiful Bill Act into law in July, which came with a lot of new car-related regulations and guidelines. One was making auto loan interest tax-deductible for ...