Understanding what deductions are coming out of your pay is key to knowing where all your money is going. More importantly, ...

While the "One Big Beautiful Bill" signed into law by President Trump on July 4 didn't eliminate taxes on Social Security benefits (a promise Trump made on the campaign trail), it did provide a ...

・The student loan interest deduction can reduce your taxable income by up to $2,500 per year. ・You do not need to itemize deductions to claim it, but income limits apply. ・Many borrowers save $200 to ...

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