Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

The federal $7,500 tax credit for new electric vehicles officially expired on Sept. 30, 2025, cutting off one of the key ...

Brex reports LLC owners can reduce taxable income through 16 deductible expenses. Proper tracking prevents missed deductions ...

Until enactment of the One Big Beautiful Bill Act, officially P.L. 119-21, the availability of a below-the-line deduction that was not the standard deduction or an itemized deduction was a rare event.

A new version of the heavily criticized expired J-51 property tax incentive is back. Advocates argue it will encourage landlords to renovate apartments and will help them afford the upgrades needed to ...

Mayor Brandon Johnson on Thursday proposed a $16.6 billion budget for next year that reinstates Chicago’s corporate head tax while scaling back an extra pension payment, kicking off what could be the ...