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

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 2026 tax filing season officially opened Monday, Jan. 26 for North Carolina residents, with the N.C. Department of Revenue beginning to accept individual returns for the 2025 tax year.

To prevent the state’s budget from hemorrhaging nearly $1 billion in revenue under federal tax changes during the next two ...

Opponents say the tax credits would harm public schools, while backers say it offers better education opportunities to all ...

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

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

Millions of retirees could stop paying federal taxes on Social Security benefits under new legislation and a temporary $6,000 ...

Homeowners in California, New York, and New Jersey stand to gain thousands in tax savings under recent legislation. Low-tax ...

State adopted federal changes while Illinois opted out of deductions ...

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.

Tax season 2026 brings new and updated federal income tax credits and deductions. Here's how you can take advantage of each.