One of the ways to reduce your liability this tax year is to decrease your taxable income. And the best way to do this is by taking advantage of tax ...

While tax season is always a headache, clients may see larger refunds this year thanks to recent legislation, experts said.

Kars4Kids, a nonprofit Jewish group, has raked in hundreds of millions of dollars. But why are they being sued and where does the money actually go?

Claiming a tax deduction for mileage can be a good way to reduce how much you owe Uncle Sam, but not everyone is eligible to write off their driving costs. Mileage for ...

Buyers of new vehicles assembled in the U.S. could boost their tax refunds by hundreds of dollars through a new tax deduction for auto loan interest. A new tax deduction for the 2025 tax filing season ...

COLUMBUS, Ohio (WCMH) — Ohio lawmakers defended a proposal this month to allow state income tax deductions for church donations, arguing the change would align state policy with federal law and ...

Learn about 2026 tax season changes, new credits for families, and how parents can maximize deductions and file smoothly this ...

Four main tax breaks were created with the passage of President Donald Trump's sweeping budget bill, from "no taxes on tips ...

A provision of the Trump administration’s “One Big Beautiful Bill” act could lower taxes for some car buyers. The provision, in place for tax years 2025 to 2028, allows some buyers to deduct up to $10 ...

The new senior tax deduction is worth up to $6,000 for single adults and $12,000 for married couples. This reduces your taxable income for the year, potentially resulting in greater tax savings. It's ...

A new tax form, Schedule 1-A, introduces four new deductions for the 2025 tax year. All four write-offs are "below-the-line" deductions, which reduce taxable income but not adjusted gross income. Each ...

If you're one of the millions of Americans who purchased a new car last year, you could benefit from a new tax break that allows taxpayers to deduct interest paid on their auto loans. The car loan tax ...