One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

Under Trump’s ‘big bill,’ the Senate Finance Committee has proposed a larger bonus tax deduction for older adults than the ...

All new car and truck buyers who take out a car loan won't qualify for the tax deduction. Much will depend on your income, ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do ...

The auto loan interest deduction that recently passed the House is designed, at least in part, to mitigate the impact of ...

The IRS allows you to claim deductions that reduce the amount of tax you owe. Those deductions either are itemized deductions ...

As Australians approach tax time, many may be overlooking a valuable opportunity to reduce their tax burden. A little-known ...

Expenses for which you can claim a deduction over several years (or decades), including capital works (such as a new fence or ...

Canadians accustomed to annual tax refunds may be surprised to owe tax in retirement and have government benefits clawed back ...

I’m breaking down exactly what tax brackets mean so you can better understand how much you’re really paying in taxes and how ...