All new car and truck buyers who take out a car loan won't qualify for the tax deduction. Much will depend on your income, ...

In this episode of Tax Notes Talk, Tax Notes Capitol Hill reporters Cady Stanton and Katie Lobosco discuss the final version of the House’s reconciliation bill and what’s next as the legislation heads ...

On May 22, 2025, the House passed the legislation entitled “The One Big Beautiful Bill” (the “BBB”). The BBB makes permanent, extends and, in ...

Tax season can feel like a maze, and it’s easy to miss out on valuable deductions that could put more money back in your ...

The wrangling imperils Republicans’ goal of sending the “Big, Beautiful Bill” to Trump’s desk by July 4. But the real deadline is sometime in August or September, when the Treasury Department ...

An analysis of the budget bill backed by Congressional Republicans and President Donald Trump shows it would also cut ...

Learn which of your home expenses may be tax-deductible, how to claim those deductions, and what you can do year-round to ...

As the annual tax season unfolds in Portugal, many taxpayers may be tempted to view the filing of their IRS return as a mere ...

Islamabad: The Senate Standing Committee on Finance and Revenue Thursday approved Income Tax (Second Amendment) ...

A tax shield is a reduction in taxable income for an individual or corporation achieved through claiming allowable deductions such as mortgage interest, medical expenses, charitable donations ...

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

The new tax reform proposed by Donald Trump, known as the 'One Big Beautiful Bill,' promises tax cuts. However, the reality is more nuanced. This reform aims to extend and modify the 2017 Tax Cuts and ...