The 'One Big Beautiful Bill Act' (OBBB) introduces new tax challenges for high-income earners, notably the 'SALT torpedo.' Understanding and managing your Modified Adjusted Gross Income (MAGI) is ...

The calculation methods used to determine the amount of money students receive from the federal Pell Grant program are ...

The IRS provides a student loan interest deduction that lets borrowers subtract some of the payments from their taxable ...

The “One Big Beautiful Bill Act” (the “BBB”) was signed into law by President Trump on July 4, 2025. The BBB generally extends certain tax ...

The auto loan interest deduction gives a tax break to car shoppers who buy American, a stipulation that applies to more vehicles than you may think.

In concrete terms, money contributed to a Traditional IRA can reduce taxable income for the year, resulting in an immediate ...

Like most tax breaks, it has qualifications and an expiration. Here's what you need to know about who qualifies, how much you might get and how to claim it.