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

The new $6,000 deduction goes into effect for the 2025 tax year and will continue through 2028 for those aged 65 and older.

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

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.

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.

The 2018 Tax Act created a new deduction for qualified business income earned by an individual. The basic deduction is 20% of ...

The 2026 tax filing season is underway, and major changes approved by Congress last year could mean larger refunds for many ...

The Internal Revenue Service anticipates receiving some 164 million individual income tax returns as Americans digest the many provisions of President Trump’s signature One Big Beautiful Bill Act.

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.

The 2026 tax filing season officially kicked off this week, with several new changes to tax law as provisions of the One Big ...

Wondering how much tax relief you can claim? Learn how IRS credits, deductions, payment plans and settlements affect the ...