Credit card interest is not tax-deductible for personal expenses. The government stopped allowing a tax deduction for credit card interest with the Tax Reform Act of 1986. Interest on student loans, ...
As the 2025 tax season unfolds, taxpayers are diligently preparing their returns and considering how to handle their tax payments. Among the various options, using a credit card to pay taxes is a ...
In Tuesday’s speech to a joint session of Congress, President Donald Trump said his proposed $5 million “gold card” citizenship program would exclude participants’ foreign income from U.S. taxes in ...