Tax Breaks
Latest
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The Many Definitions of Modified Adjusted Gross Income (MAGI)Income Tax The definition of modified adjusted gross income differs depending on what the calculation is used for.
By Joy Taylor
Income Tax -
What Inflation Might Mean for Your 2026 Tax BillTax Changes The impact of inflation on federal income tax brackets and some other tax credits might not be all bad.
By Kelley R. Taylor
Tax Changes -
New Car Loan Interest Deduction: Which Vehicles and Buyers QualifyTax Breaks The Trump 2025 tax overhaul includes a temporary tax deduction for auto loan interest. How does it work?
By Kelley R. Taylor
Tax Breaks -
5 States With No Sales Tax in 2026: What to KnowState Tax Is your state’s ban on sales tax actually saving you money? Probably not as much as you might think.
By Gabriella Cruz-Martínez
State Tax -
Trump $5,000 Checks and $500 ACA Rebates: What to KnowPolitics President Trump is talking a lot lately about sending checks to American taxpayers.
By Kelley R. Taylor
Politics -
Is Your Property Tax Bill Too High?Quiz Take this 2-minute quiz to see if your property taxes could be lower.
By Kate Schubel
Quiz -
How to Deduct Expenses for Long-Term Care on Your Tax ReturnTax Breaks The IRS allows limited deductions for medical expenses and long-term care insurance premiums. See if you qualify.
By Gabriella Cruz-Martínez
Tax Breaks -
What Eliminating the Social Security Tax Cap Would Mean for High EarnersTax Policy Some lawmakers are calling for higher payroll taxes for certain workers to help save Social Security from insolvency.
By Kelley R. Taylor
Tax Policy -
7 Tax Breaks and Strategies Gen X Might Often OverlookTax Breaks Gen X has had to adapt to a changing retirement landscape, with more responsibility for building their own financial future.
By Chrissy Paradis
Tax Breaks
