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The One Big Beautiful Bill introduced sweeping new tax deductions for tips, overtime pay, car loan interest, and seniors. Here is what they mean and how to claim them on your 2025 return.
The One Big Beautiful Bill brings major tax changes for 2025 returns including a $40,000 SALT cap, enhanced senior deduction, and new car loan interest deduction.
Tax refunds are projected to jump significantly in 2026 thanks to expanded deductions from the One Big Beautiful Bill. Here's what it means for your wallet and the economy.
The 2026 filing season launched January 26 with sweeping new provisions from the One Big Beautiful Bill, including no tax on tips, enhanced senior deductions, and the new Trump Accounts for children.
The IRS begins accepting 2025 tax returns January 26, with new deductions for tips, overtime, and car loan interest potentially leading to larger refunds for millions of Americans.
The federal $7,500 EV tax credit ended on September 30, 2025. Car buyers in 2026 face a changed landscape—here's how to navigate it and what incentives may still be available.
The IRS announced tax filing begins January 26, with major new deductions for tips, overtime, car loan interest, and seniors. Here's everything you need to know.
The $7,500 federal EV tax credit expired September 30, 2025. Here's what electric vehicle shoppers should consider as they navigate the new landscape in 2026.
Retroactive tax cuts from the One Big Beautiful Bill Act mean Americans will receive massive refunds in early 2026. Here's what that could mean for the economy and your wallet.
Elon Musk's DOGE claimed $160 billion in federal savings, but Congress rejected most cuts. A CBS News analysis found the experiment may have cost taxpayers $135 billion.
President Trump told Congress tariff revenue could replace the income tax. But the US collects $2.5 trillion in income taxes annually, and the math reveals why this proposal cannot work.
IRS data shows the average tax refund is $2,290 so far in 2026, up 10.9% from last year. Financial experts say the way most Americans spend their refund is the biggest missed opportunity of the year.