The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...

President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could ...

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 IRS said it expects 164 million individual tax returns to be filed.

Farm Business Farm Management experts recommend keeping track of mileage and allocating personal vs. business utility usage, ...

Taxpayers may get bogged down in the complexities of claiming deductions for tips, auto loan interest and overtime pay.

Make sure you claim all the expenses you can when you prepare your 2025 income taxes. We’re here to help you minimize your ...

The official start of tax season is underway, and taxpayers can now file their 2025 federal returns. The deadline to file is ...

Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...

The standard deduction for single taxpayers increased to $15,750 for tax year 2025. It also increased to $23,625 for the head ...

The state of Indiana offers two different property tax deductions to certain veterans — a $14,000 deduction and a $24,960 ...