While buyers may welcome the news of auto loan tax breaks, tariff-related price hikes could nullify most potential savings in ...

Tax deductions are subtracted from your taxable income, thereby lowering the amount of tax you owe. You can choose the standard deduction or itemize your deductions on Schedule A of Form 1040 or ...

Just 1% of all new car loans have annual interest payments of $10,000 or more. The tax deduction benefits are reduced for ...

While the two bills are similar on the major tax provisions, how they work out their differences in the coming weeks will ...

A young boy was pronounced dead at OhioHealth Mansfield Hospital on Thursday afternoon after apparently being left inside a ...

This is great news for taxpayers who support causes and for charities themselves. Who qualifies for the deduction? The ...

Following a sharp drop in Tesla’s share price, outlets reported that the world’s richest person, Elon Musk, had “lost” US$34 ...

As U.S. Senate Republicans mark up their version of the One Big Beautiful Bill Act, one provision could give some donors a ...

The property tax deduction is great for homeowners. Here's how it works in 2024 and 2025 and what you can do to save money.

Partners need to be aware of certain benefits – and pitfalls – when it comes to tax filing once they tie the knot ...

Deal under consideration would limit taxes on dividends even as spending plan deepens debt and cuts programmes for poor ...

Simply, your tax return is a summary of the income you have earned, how much tax you have already paid, and the expenses you ...