There are rules to a new tax deduction as to which vehicles qualify to save buyers on the interest paid on loans. Here are some vehicles that qualify.

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

Commuting expenses refer to the costs incurred by taxpayers for travel to and from work. Learn why these are not tax-deductible and how they differ from business travel.

Every year, millions of Americans file their taxes hoping to get the most out of their deductions - and every year, some of ...

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

Let’s face it — tax season can be stressful. This is especially true for self-employed individuals and small business owners searching out every self-employed tax deduction and navigating other small ...

Tax time is stressful for everyone, but there may be some good news for seniors receiving medical care in their homes, assisted living communities, skilled nursing settings or other senior ...

In this episode of Tax Notes Talk, Damien Martin and Tony Nitti of EY discuss the second three of their top six tax cases of 2025, focusing on what qualifies as a deduction in Savage v. Commissioner, ...

A Place for Mom reports some assisted living expenses may be tax-deductible if they exceed 7.5% of AGI, excluding nonmedical costs.