Learn about new 2025 tax deductions and credits from the OBBBA, including overtime, senior and car loan breaks, so you can ...

A new tax deduction allows buyers to claim up to $10,000 a year on interest paid for new, American-made cars. The deduction ...

The One Big Beautiful Bill Act made significant changes in the tax benefits of charitable giving. The changes take effect in 2026 and should be considered in both long-term and short-term charitable ...

President Donald Trump's "big beautiful" tax law provides a new senior "bonus" or deduction of up to $6,000 per individual or $12,000 for married couples. The temporary deduction applies to taxpayers ...

If you work from home, the home office tax deduction can lower your tax bill — but only if you qualify. The key rule is simple: self-employed workers usually qualify, W-2 employees generally don’t.

The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big Beautiful Bill Act, taxpayers 65 and older can claim an additional $6,000 without itemizing their ...

Tax time could be a little less stressful this year for some retirees, thanks to the new senior tax deduction introduced in President Trump's "big, beautiful bill." But it's important to be clear ...