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

IRS Section 180 allows taxpayers who farm to immediately deduct expenditures for inputs including fertilizer and lime, rather than capitalizing them.

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who ...

Learn who qualifies for home office tax deductions, how to calculate them, and other business write-offs like car mileage and supplies.

The method has two main features: it evaluates how AI models reason through problems instead of just checking whether their ...

The 2026 tax filing season began Monday, January 26, and everybody is expecting bigger refunds this year due to the 2025 tax ...

Everyone knows the deadline for filing their income taxes is April 15th. But not everyone has to file. People whose adjusted ...

Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax ...

As a renter, filing taxes is straightforward. As a homeowner, you suddenly have access to deductions renters don’t get.

Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than ...

Millions of federal student loan borrowers are behind on their student loans and facing a "default cliff." If you have been paying back your loans, there's one additional benefit beyond keeping ...

You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...