Startup investors and estate planners celebrate as capital gains exclusions jump to $15 million and estate exemptions rise ...

Proposed regulations from the Treasury Department and IRS on the car loan interest deduction from the GOP tax-and-spending law are under White House regulatory review.

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at four questions on the new tax ...

It could be worth the time this holiday to consider these tax moves before year end. They could save you money in 2025 and beyond.

The One Big Beautiful Bill introduced wide-ranging tax changes for seniors, service workers, car buyers and others.

Trump offers EV purchase deductions as part of Big, Beautiful Bill Act, with up to $10k in deductions available annually ...

For the first time since the 1980s, car loan interest is tax-deductible under Trump's recent legislation. The deduction only applies to new US-assembled vehicles purchased between 2025-2028 with ...

For years, the tax code trend was to reduce the amount of interest that may be deducted on your tax return. Until recently, ...

At least for the time being, Intuit and H&R Block can now claim victory, at least when it comes to servicing taxpayers who can file to the federal government for free.

Financial experts reveal eight common tax mistakes that can increase your chances of triggering an IRS audit and explain how ...

The provisions on tip and overtime compensation were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big ...

Still, residents who qualified for those tax breaks would lose out. A qualifying senior who can't claim the extra $6,000 deduction on a tax return would lose $360 to $390, estimated Richard Pon, a San ...