By late December, many tax savings strategies are off the table. But there are still a few simple things that you can do now ...
The Daily Overview on MSN
Wait until January and you could cut up to $2,000 off taxable income
New rules taking effect for the 2026 filing season mean a simple timing move could shrink your taxable income by as much as ...
Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only ...
With the signing of the OBBBA (One Big Beautiful Bill Act) on July 4, 2026, President Trump was able to enact a number of new ...
But thanks to the 100% bonus depreciation rule introduced in the Tax Cuts and Jobs Act and made permanent in Trump’s One Big ...
Learn about IRS Publication 535, crucial for business owners to understand deductible expenses to reduce taxable income.
Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks ...
Sen. Josh Hawley (R-Missouri) talks with reporters this fall on Capitol Hill. (Demetrius Freeman/The Washington Post) Sen. Josh Hawley (R-Missouri) thinks he has a new idea: no taxes on health care.
If you’ve gotten excited about President Trump’s “no tax on tips” provision, a recent message from the Internal Revenue Service could leave you a bit disappointed. Ahead of the 2026 tax season, the ...
Donate now or wait 'til 2026? How Trump's tax laws may change people's charitable-giving strategies. This year, Giving Tuesday occurs against a backdrop of changing tax laws for donors that will make ...
Scott Bessent, the Treasury Secretary, has revealed that the U.S. Treasury is taking steps to terminate federal benefits for “illegal aliens” amid President Donald Trump‘s directive to safeguard these ...
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