Taxpayers who purchased a new vehicle in 2025 may qualify for a new deduction on their taxes — even if they're not itemizing.

A new federal deduction allows some drivers to write off interest on new car loans. Here’s who qualifies and how to claim it.

A new 'senior bonus' deduction could save you thousands on your 2025 taxes. Find out if you qualify for the $6,000 deduction ...

Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest, and seniors. What ...

The IRS raised the senior tax deduction for 2025. Here’s who qualifies, how much you can claim, and what retirees should know before filing.

If your taxable income is too low, you may not benefit from the new $6,000 tax deduction.

The much-touted new tax breaks for tips, overtime, seniors and car loan interest have a lot of income tax filers expecting a ...

When retirees file their 2025 tax return by April of 2026, they may get very pleasant news. Many seniors who are 65 and over ...

Don’t overlook these new tax deductions and credits that can help put more money in your pocket. CPA and TurboTax expert ...

A new tax break on overtime pay will save money for many workers. But the savings are less than you'd expect based on what ...

Splitero reports homeowners should review tax deductions and credits before filing 2025 returns, including itemizing vs.

At a 12% marginal tax rate, for example, the $6,000 enhanced senior deduction for a single taxpayer who is 65 or older would result in $720 in tax savings. The new enhanced deduction for seniors on ...