Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable donations, and mortgage interest.

・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 ...

Instead of bolstering relief to help families access critical public goods and services, Republicans in Congress are pushing policy changes to help the rich keep or grow their wealth. A fierce tax ...

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