Student loan borrowers will face taxes on certain types of loan forgiveness in 2026, but state tax rules will make ...

A federal law created in 2017, called the Tax Cuts and Jobs Act, lowered federal income taxes in various ways. But most were ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.

South Carolina, North Dakota, Montana and Idaho — are adding tax breaks for qualified tips, car loan interest, overtime ...

Learn how exclusion ratios can optimize annuities by distinguishing tax-free returns from taxable income. Explore examples and their role in effective tax strategies.

Nine states levy a tax on Social Security benefits, down from last year. Is yours one? Here's what you need to know.

In most cases, business credit card rewards aren’t taxable. The IRS generally treats rewards earned through spending as ...

Retirement income is often taxable, but there are notable caveats for Social Security and Roth accounts. Many, or all, of the products featured on this page are from our advertising partners who ...

Discover what medical expenses are deductible, including examples like insurance premiums and prescriptions, and learn how ...