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

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

The 2026 tax season kicks off this week as the Internal Revenue Service begins accepting the first of what is expected to be ...

A point is prepaid interest; so buying points is paying part of your mortgage interest upfront instead of over the life of ...

There are several significant changes to the tax benefits Americans are entitled to claim this year including senior bonuses, ...

Some people who’ve bought a new car recently might be eligible for up to a $10,000 deduction on their federal taxes. As part ...

The standard deduction for single taxpayers increased to $15,750 for tax year 2025. It also increased to $23,625 for the head ...

FRESNO, Calif. (KFSN) -- As the IRS starts accepting and processing 2025 federal tax returns, there are major changes to ...