New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.

Even if you’re below the income threshold for 2025, tax credits and excess withholding could result in a tax refund, making ...

The IRS will allow up to $10,000 in car loan interest deduction starting with 2026 tax filings for the 2025 tax year. This new federal tax break applies to qualifying new vehicles purchased after ...

As tax season rolls around, you may have a number of questions on your mind — including whether your mortgage interest is deductible for tax year 2025. The short answer is yes, but whether or not ...

Many new tax breaks aren't automatic, including a tax break on tips, overtime, car loan interest or a bonus for those 65 and older. We are not heading anywhere close to tax simplification. It's likely ...

Many new tax breaks aren't automatic, including a tax break on tips, overtime, car loan interest or a bonus for those 65 and older. We are not heading anywhere close to tax simplification. It's likely ...

A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return. Peter is a writer and editor for the CNET How-To team. He has ...

For some people, tax refunds could turn out to be much bigger in 2026 than expected after dramatic changes in key tax rules hit 2025 federal income tax returns. But the upcoming tax season likely will ...

While taxes are inevitable for most Americans, the government doesn't require those with sufficiently low incomes to file. However, choosing not to file usually means forfeiting profitable tax breaks ...