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

The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules ...

OBBBA has introduced a ‘Seniors Deduction’ for retirees over 65, of up to $6,000 for individuals ($12,000 for couples), in 2026 tax filings.

Every year, as you file your federal income tax return, you have an important decision to make: itemize, or take the standard ...

While the Treasury projects an average increased tax refund across all households in 2026, the reality for homeowners varies dramatically.

The 2026 tax season kicks off this week as the Internal Revenue Service begins accepting the first of what is expected to be ...

Some people who’ve bought a new car recently might be eligible for up to a $10,000 deduction on their federal taxes. As part ...

A sweeping federal law passed last year could have impacts on 2025 tax returns for millions of American taxpayers. The ‘big, ...

Tax experts spoke with the Daily Mail to bust some of the biggest myths around tax filings and refunds. People have until ...

Here's a look at some of the most commonly assumed tax breaks that either no longer exist or simply don't work the way people expect any more.

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