A tax calculator tool from the nonprofit Tax Foundation looks at take-home pay after the new law, including write-offs like ...

The Republicans' signature tax cut and spending package – dubbed the "big, beautiful bill" – that was signed into law last week touts tax deductions on tips and overtime pay, and also includes a tax ...

Despite the elimination of the federal tax credit for electric vehicles, car buyers still get some tax relief. President Donald Trump’s Big Beautiful Bill includes a provision that allows car buyers ...

The clean vehicle tax credit is designed to encourage you to purchase an electric vehicle (EV), a plug-in hybrid, or a hydrogen-powered car. The program offers up to $7,500 for certain new vehicles ...

Trump's tax cut and spending package includes a deduction of up to $10,000 for interest paid on the car loans. To qualify for the tax deductions, vehicles must meet several conditions, including final ...

Purchasing a car gets expensive fast, especially when browsing for a sports car or luxury SUV. A noticeable chunk of the cost falls under the sales tax, which you pay as soon as you register the ...

Kemberley Washington is a former staff writer at Forbes Advisor and provides consumer-friendly tax tips for individuals and businesses. Her work goes beyond tax articles. She has been instrumental in ...