The new federal tax deduction could dramatically reduce your tax bill this year. But it's not exactly tax-free. We break down ...

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

The much-touted new tax breaks for tips, overtime, seniors and car loan interest have a lot of income tax filers expecting a ...

Taxpayers who purchased a new vehicle in 2025 may qualify for a new deduction on their taxes — even if they're not itemizing.

Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.

Learn about new 2025 tax deductions and credits from the OBBBA, including overtime, senior and car loan breaks, so you can ...

Locksmiths, tattoo artists and pedicab drivers are among those who could benefit from a new deduction this tax season that lowers the burden on workers who received tips as part of their income last ...

Don’t overlook these new tax deductions and credits that can help put more money in your pocket. CPA and TurboTax expert ...

The One Big Beautiful Bill Act included a slew of federal tax deductions that could have reduced South Carolina residents’ 2025 state income tax bills by an estimated $279 million. That’s if the ...

See how the SALT deduction can cut your tax bill. Learn which state and local taxes you can deduct, how the SALT cap applies, ...

Tax refunds are arriving for many, but a spike in gas prices and fears of rising inflation could put a damper on what ...

The South Carolina Senate Finance Committee voted 17-2 Tuesday to pass IRS conformity legislation that would allow tipped ...