Retirees are about to see one of the most significant federal tax changes in years: a new extra deduction that can cut ...

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.

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.

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 ...

The 2017 Tax Cuts and Jobs Act eliminated HELOC interest deductions except for substantial home improvements. A financial advisor incorrectly recommended a $50,000 HELOC for tax benefits that no ...

YouTuber Cody Detwiler, better known as WhistlinDiesel, is speaking out again following his recent arrest on felony tax evasion charges — and this time, he’s offering a more pointed explanation. The ...

Beginning in 2026, tax filers who claim the standard deduction may be allowed to take a new above-the-line deduction for cash contributions to qualifying charities. You will not need to itemize ...

Skills-based hiring was one of the biggest buzzwords of the postpandemic job boom. It dangled the promise of a major shift in white-collar recruiting: Companies would stop fixating on traditional ...

If your credit card or personal loan debt has spiraled out of control, which is the case for a lot of borrowers in today's economic climate, hearing that a creditor "wrote off" your balance might ...

Canada will proceed with measures announced last year to allow some businesses to speed up how quickly they write off machinery and equipment, as well as to expense research and development costs ...