Bought and financed a new car in 2025? You may deduct up to $10,000 in interest under a new federal tax break. Learn who ...

Filing your 2025 taxes? The new Trump tax law changes everything. Learn about the bigger SALT cap, new Child Tax Credit rules ...

Trump and the GOP are now offering a tax deduction for auto loan interest. How will it work?

The One Big Beautiful Bill Act made some long-awaited permanent changes to the tax code. It also introduced short-term tax ...

While The Rapper Was in Prison IRS updates tax deductions following the One, Big, Beautiful Bill Act of 2025. New deductions ...

Taxpayers in several states may face delays in receiving their tax refunds this filing season amid changes in tax policies as ...

A majority of small business owners admit they have claimed a tax deduction they believed might not fully qualify, according ...

University of Hawaii Law Professor Nicholas Mirkay joins producer/host Coralie Chun Matayoshi to discuss what you need to know before filing your taxes this year, including what income is ...

In simple terms, Section 179 allows businesses to deduct the full cost of most equipment and software for the tax year they purchase and place it into service, rather than depreciating the expense ...

The Internal Revenue Service published, for tax year 2025, a new schedule that taxpayers will use to realize important tax benefits of the One, Big, Beautiful Bill, including no tax on tips, no tax on ...

What's more, you can only get a tax benefit if you itemize your deductions. With the standard deduction for tax y ...

Those who stand to benefit from the changes in tax code include workers who earn tips, those receiving overtime pay, ...