About 144 million Americans may qualify for the 2026 universal charity deduction, while high earners face new IRS limits.

Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...

This article is the first in a new column, Personal Financial Planning, covering the role of CPAs in advising individuals and ...

Discover what medical expenses are deductible, including examples like insurance premiums and prescriptions, and learn how ...

A Vanguard study found that, on average, a hypothetical $500,000 investment over 25 years would grow to $1.7 million if you ...

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

Americans who are 65 and older got a hefty new tax break under the massive tax bill that President Donald Trump signed into law on July 4: A new bonus deduction that’s worth as much as $6,000 per ...

Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. For an expense to be deductible, the cost must be ...

The tax-and-spending bill includes several provisions that could have significant effects on your tax refunds come April – ...