Tax Deductions Explained

IRS, Trump and tax

Trump vows to donate any proceeds from $10 billion IRS lawsuit

President Donald Trump said he would donate any money he received in a $10 billion lawsuit that he filed against the US Treasury and Internal Revenue Service over an unauthorized disclosure of his tax returns to the press during his first term in office.

· 21h · on MSN

New IRS overtime tax laws explained

· 9h

IRS commissioner says taxpayers will pay the bill if Trump wins $10 billion lawsuit

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'Naked Corruption': Trump Ripped After Bragging He 'Won A Lot Of Money' From Taxpayers

President Donald Trump on Wednesday claimed that at least one of his lawsuits against the U.S. government was “essentially” over ― and he won.

· 11h

Treasury Sec Admits Americans Are on the Hook for Trump’s $10B Lawsuit

· 15h

‘You’re their boss’: Trump gets confronted on suing his own government

GOBankingRates on MSN

Tax deductions and credits explained (2025-2026): What you can claim and how to save

When tax season rolls around, deductions and credits can make a real difference in how much you owe -- or how much you get back. Deductions lower the portion of your income that's taxed, while

Cars.com

What Does the New Car Loan Interest Deduction Mean for Consumers?

If you purchased a new car after Dec. 31, 2024, you can now deduct the interest you paid on the auto loan when you file your taxes.

The HR Digest

The 2026 Standard Deduction for Seniors Over 65 Explained

OBBBA has introduced a ‘Seniors Deduction’ for retirees over 65, of up to $6,000 for individuals ($12,000 for couples), in 2026 tax filings.

11d

Tax Strategies That Matter More Than Deductions in 2026

Discover some top 2026 tax strategies. These income timing, retirement planning and smart investing moves could help cut taxes and grow long‑term wealth.

Tax Guru

U.S. Taxation 2026: Itemized Deductions Explained for AY 2025–26

Comprehensive guide to U.S. itemized deductions for 2026, covering Schedule A, SALT limits, medical expenses, interest, charity, and 1040-NR

KXLY

Money Saving Monday: New tax deductions could save money this filing season

Tax season has officially begun, and financial experts are encouraging taxpayers to file early to take advantage of new deductions that could result in significant savings or larger refunds.