The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules ...
President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could impact your tax return this season.
Is rent a tax deduction? You generally cannot deduct rent from federal income taxes but some states offer a renter's credit.
The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
For some retirees, the change could eliminate federal income taxes entirely, although many were already exempt from Social ...
The 2026 tax filing season officially opened Monday, Jan. 26 for North Carolina residents, with the N.C. Department of ...
Tax season 2026 brings new and updated federal income tax credits and deductions. Here's how you can take advantage of each.
The new $6,000 deduction goes into effect for the 2025 tax year and will continue through 2028 for those aged 65 and older.
The Internal Revenue Service anticipates receiving some 164 million individual income tax returns as Americans digest the ...
The US Treasury is projecting that tax filers' refunds could be $1,000 higher on average than last year. But that is not just ...