Learn about deductible credit card fees for businesses and why individuals cannot claim them. Explore finance charges and tax-related processing fees eligibility.

Financial advisor fees are not tax-deductible now, but there are still tax benefits from working with an advisor.

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced deduction for seniors.

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who qualifies, and income limits.

A new tax deduction for people over age 65 has some thinking about Medicare premiums and MAGI strategy.

GoodRx reports seven overlooked medical expenses that are tax-deductible, including acupuncture and medical transportation, if itemized.

If you're 65 or older, this could have a huge effect on your taxes this year.

New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.

Self-employed individuals have their own unique opportunities at tax time. Here are some of the most generous tax deductions available to the self-employed.

Learn who qualifies for home office tax deductions, how to calculate them, and other business write-offs like car mileage and supplies.

Tax credits are generally more valuable than tax deductions. There are many types of each: nonrefundable, partially refundable and fully refundable tax credits, and standard vs. itemized deductions, ...

The IRS will allow up to $10,000 in car loan interest deduction starting with 2026 tax filings for the 2025 tax year. This ...