The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

Itemizing is a way to pick and choose your tax deductions. Here's how it works and how to tell if it's for you. Many, or all, of the products featured on this page are from our advertising partners ...

What Does Tax-Deductible Mean? The U.S. tax system can be a bit convoluted, and if you’re trying to learn every single aspect about filing taxes, you’ll find yourself deep in a rabbit hole. The good ...

Don’t let Uncle Sam take more of your hard-earned money than he needs to. Learn about deductions and how to use them to reduce your tax bill. The standard deduction is a set amount that taxpayers can ...

The IRS allows you to take a charitable deduction on your tax return for qualified donations of cash or property if you itemize your deductions, but the rules can be confusing. For example, how much ...

Today's job market offers a range of employment options, many of which make it possible to earn income from home. However, working from home doesn't automatically qualify you for the home office tax ...