The Republican megabill, signed by Trump on July 4, eliminated the IRA’s EV tax credits, which offered consumers up to $7,500 for purchasing a new EV and $4,000 for a used one. The credits are set to ...

The head of the U.S. Internal Revenue Service's digital assets unit, Trish Turner, is leaving her post for the private sector just as new tax policies are set to potentially bring in a wave of crypto ...

Trish Turner, head of the IRS’s digital assets unit, is leaving the agency for the private sector just as new rules concerning crypto taxes are taking effect. Turner’s departure follows similar ...

Learn how to speak with a more American accent! Marina shares some tips. Tropical Storm Gabrielle is expected to become a hurricane: See path The Dangerous Meat-Thawing Mistake Almost Everyone ...

For many students and recent graduates, student loan payments can be a significant burden. However, a crucial tax benefit can help alleviate this pressure: the student loan interest deduction.

You've probably heard of the student loan interest deduction. But what you may not know is that this is just one of several tax breaks for tuition and student loans that are baked into the U.S. tax ...

When President Donald Trump signed The One Big Beautiful Bill into law, it sped up the elimination of the clean vehicle tax credit. The $7,500 incentive was originally set to expire on December 31, ...

Suzanne Blake is a Newsweek reporter based in New York. Her focus is reporting on consumer and social trends, spanning from retail to restaurants and beyond. She is a graduate of UNC Chapel Hill and ...

After months of speculation, the government announced earlier this summer that the federal electric vehicle tax credit has an expiration date: Sept. 30. But not so fast: The Internal Revenue Service ...

For many graduates, student loan payments are a significant financial burden. Fortunately, the student loan interest deduction offers a valuable tax benefit, potentially leading to a larger refund or ...

Aliss Higham is a Newsweek reporter based in Glasgow, Scotland. Her focus is reporting on Social Security, other government benefits and personal finance. She has previously extensively covered U.S.