For the 2026 tax year, the IRS will raise the standard deduction to $32,200 for married couples and $16,100 for single filers ...

2025 tax deduction allows buyers to save on auto loan interest, making car ownership more affordable for qualifying vehicles.

The IRS has raised the standard deduction for married couples filing jointly to $32,200 for the 2026 tax year.

Homeowners now have the chance to write off much more of their state and local tax bills, and this could potentially lead to ...

Tax credits and tax deductions both decrease what you owe the IRS, but in different ways. Here's the difference, and how you can make them work for you.

Discover 20 real estate tax deductions agents actually use to lower their taxable income, cut costs and keep more of their ...

Elizabeth Guevara is a journalist working to explain the world of business and economics and how it impacts your finances. She joined Investopedia in 2024 as a breaking news writer covering personal ...

Investing in oil and gas is now more attractive from a tax perspective, as of 2025. The recent policy updates, including the ...