Since we withdrew money from our 401 (k), we expect to owe the IRS money this year. However, by itemizing and deducting the interest paid on our mortgage debt, along with several additional tax breaks ...

There are some tax advantages that come with homeownership. Here's what to know and when you might want to consult a pro.

New research led by the Johns Hopkins Carey Business School suggests one possible way to help ease the housing affordability ...

President Donald Trump announced Friday a new policy instituting auto loan interest deductions for American-made cars. “If ...

NEXT explains that if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 ...

Donald Trump announced tariffs on auto imports but also raised the possibility of a new deduction for interest on car loans.

One of the signature pieces of legislation from Donald Trump's first term was the 2017 Tax Cuts and Jobs Act, which ...

This tax season, my household is claiming the mortgage tax deduction. Last year, we paid a lot in mortgage interest -- more than we ever have as homeowners. However, the hefty amount we paid can ...

There's a strong argument to be made for borrowing with a HELOC over a cash-out refinance now. Here's what to know.

It is not widely known that even if you are not yet divorced, if you did not live with your spouse for the last six months of ...

Nothing but the tooth; an offer she can't refuse; patterns of filing; and other highlights of recent tax cases.