A new federal tax deduction will allow eligible taxpayers to deduct interest paid on new car loans beginning this tax year.
New deductions for seniors, tipped workers and overtime, plus a tax hit on gamblers, have generated confusion, misinformation and outrage. Misinformation about the One Big Beautiful Bill Act (OBBBA) ...
Self-employed individuals have their own unique opportunities at tax time. Here are some of the most generous tax deductions available to the self-employed.