The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...

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.

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

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 has officially begun, and financial experts are encouraging taxpayers to file early to take advantage of new ...

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

Tax season has arrived and after the passage of the 2025 tax bill, millions are going to see changes from the previous year.

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

Taxes are inevitable, but most people would probably rather not hand over a portion of their hard-earned money to the government. Fortunately, there are plenty of legal ways to lower the amount ...

On Jan. 26, the federal government officially began accepting tax returns for the 2025 calendar year, but Americans ...

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

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.