The 2025 Trump tax law introduced several new above-the-line deductions. Learn if you can deduct interest on your car loan, tip income, or overtime pay on your 2025 return.

This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.

The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules apply to many tax breaks.

When President Donald Trump signed the One Big Beautiful Bill Act in July 2025, the administration promoted a sweeping new tax break for drivers. On its website, the White House described it as ...