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 ...
The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.
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.
Taxpayers may get bogged down in the complexities of claiming deductions for tips, auto loan interest and overtime pay.
The IRS said it expects 164 million individual tax returns to be filed.
Here’s what’s new for the 2025 tax returns, even if nothing changed, there are several changes to various deductions for filing a return.
Farm Business Farm Management experts recommend keeping track of mileage and allocating personal vs. business utility usage, ...
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 official start of tax season is underway, and taxpayers can now file their 2025 federal returns. The deadline to file is ...
Make sure you claim all the expenses you can when you prepare your 2025 income taxes. We’re here to help you minimize your ...