The bonus reduction will add $670 to the after-tax income of seniors on average.

The Union Budget 2026 has not changed the standard deduction limits, but it remains one of the most important tax breaks for ...

Older Americans who have a fixed income and are struggling with the cost-of-living crisis may get some financial relief from ...

In practical terms, FY27 becomes a year of tax stability with no new personal tax cuts, no broadened deductions, and no changes to the standard deduction.

Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than ...

Homeowners are rightfully concerned that tax refunds may be delayed due to the government shutdown—but that might not be the problem.

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.