Many of the most impactful tax provisions in the "One Big Beautiful Bill" (OBBB), which President Trump signed into law on ...

Tax deductions can lower the amount of income that is subject to tax. Here's more on how tax deductions work, plus 25 tax breaks that might come in handy.

Joy Taylor: Yes. Taxpayers who itemize on Schedule A can deduct qualifying medical expenses to the extent that the total ...

The deadline for public comment on the proposed No Tax on Tips rule is this week. Restaurant industry groups say the rule ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

The 2025 tax landscape has changed due to the GOP tax and spending law, referred to by some as the “big, beautiful bill,” signed by President Trump on July 4, 2025. This multibillion-dollar ...

A lot of tax planning during the first half of 2025 was focused on what might happen if the individual provisions of the Tax Cuts and Jobs Act were allowed to expire at the end of 2025. Thanks to the ...

You'll want to keep track of a long list of details associated with these tax breaks as we get closer to year-end. The draft for Schedule 1-A gives some specifics. To claim the new deduction on car ...

The “One Big Beautiful Bill” that became law on July 4 — which President Donald Trump has called “a massive tax cut for the middle class,” but opponents say is designed mostly to benefit the wealthy — ...

Millions of Americans working dozens of different jobs may soon be able to keep more of their hard-earned cash thanks to President Donald Trump’s “Big Beautiful Bill.” The legislation included the ...