Wondering how the new mega tax law will affect your paycheck and taxes? Some of the answers lie in the new W-2 form employees will start getting for tax year 2026. The IRS recently released drafts of ...
The “One, Big, Beautiful Bill Act” (OBBBA), signed into law by President Trump in July 2025, introduced four generous tax deductions for millions of Americans: qualified tips, overtime compensation, ...
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Tax credits or tax deductions: Which will save you more?
Here's what to know about a tax credit vs. deduction, including how each works and how they can reduce your tax bill and improve your tax refund amount.
Millions of federal student loan borrowers are behind on their student loans and facing a "default cliff." If you have been paying back your loans, there's one additional benefit beyond keeping ...
Borrowers who continued paying their student loans during a difficult repayment year could be entitled to a meaningful tax benefit that lowers their federal taxable income, even as ...
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