The sales tax deduction lets you deduct the state and local sales taxes you've paid during the year, but only if you itemize your deductions. Learn more.
The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.
The Internal Revenue Service anticipates receiving some 164 million individual income tax returns as Americans digest the ...
The secret to winning the 2026 tax season is realizing that, if you're smart about it, your home is essentially a giant tax ...
The standard deduction for single taxpayers increased to $15,750 for tax year 2025. It also increased to $23,625 for the head ...
The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules ...
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
The standard deduction and SALT cap are both higher and there are new perks for seniors, those who financed new cars and ...
The 2026 US tax season is underway, and refunds may be larger due to expanded tax breaks and unchanged paycheck withholding, ...
Taxpayers may get bogged down in the complexities of claiming deductions for tips, auto loan interest and overtime pay.