Rep. Dave Taylor's USA Car Act mirrors that of fellow Ohio Republican Bernie Moreno, an auto-dealer-turned-senator.

Though many people would prefer it wasn’t the case, in the United States ... more than the Standard Deduction of $12,950, you won’t have to file your income tax return.

The Internal Revenue Service issued a memo last month that said victims of certain impersonation and investment schemes might ...

A new legislative proposal introduced in Congress seeks to make American-made vehicles more affordable by allowing consumers to deduct auto loan interest from their taxes, aligning ...

These two tax terms are probably the ones my clients confuse most often. Think of a tax credit as a gift card applied to your ...

The Qualified Business Income Deduction lets many small business owners deduct up to 20% of their income. Unless Congress ...

more urban states, where sales taxes are higher and real estate costs more. President Donald Trump’s first-term tax law, approved in 2017, capped the SALT deduction at $10,000 — the first ...