Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

Seniors could keep more money with new tax break phasing in for 2025 returns. The extra deduction helps lower- and middle-income retirees facing rising costs.

For members of the National Guard or military reservists, you can deduct partial travel expenses for attending meetings or ...

Americans who are 65 and older got a hefty new tax break under the massive tax bill that President Donald Trump signed into law on July 4: A new bonus deduction that’s worth as much as $6,000 per ...

Retirees often leave money on the table at tax time. Discover 12 overlooked tax deductions that could lower your tax bill and ...

The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know ...

Learn how to deduct casualty and theft losses on your taxes effectively. Understand eligibility, criteria, and the filing ...

Explore how tax relief programs can help you lower your tax bill and settle debts. Learn about deductions, credits, and ...

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

The standard deduction is rising in 2026 by $350, or $700 for couples. The tax brackets are changing slightly as well. Assuming the same income, your tax bill could go down slightly for 2026. The ...