The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

Property taxes in Texas are due Jan. 31, but paying before the year’s end could offer significant savings at tax time ...

Social Security represents a major source of monthly income for many citizens, especially retirees. The "new" deduction will ...

There are a number of deductions that will occur from most employee’s compensation. Among these are applicable federal and state income taxes. Social Security deductions are also taken from each ...

Here's everything small-business owners need to know about payroll deductions, including which ones are required by law. Many, or all, of the products featured on this page are from our advertising ...

A new deduction allows workers to subtract part of their overtime wages from their 2025 taxable income, lowering some taxpayers' bills in April. However, workers will need to calculate their deduction ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...

As your business's income grows, your tax bill will become more painful each year. We have a progressive tax system, which means most people pay less taxes on their first dollar of income than their ...

All benefit-eligible faculty and staff may elect to sign up for payroll deduction in order to have charging privileges on campus. If you sign up for payroll deduction, you agree to allow the ...

Whether you’re an employer running payroll or a W-2 employee trying to understand where your paycheck is going, it’s important to know which federal, state and benefits-related deductions come out of ...

With two of my sons working this summer and bringing home paychecks, I’m getting more and more questions from them about paycheck deductions. Both of them are working part-time. Although their ...