In this episode of Tax Notes Talk, Damien Martin and Tony Nitti of EY discuss the second three of their top six tax cases of 2025, focusing on what qualifies as a deduction in Savage v. Commissioner, ...

You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...

You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...

The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules ...

Exemptions, deductions and rebates may sound similar, but they work at different stages of tax calculation and directly ...

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

Tax avoidance strategies aren’t solely for the rich — plenty of tax deductions and credits are available for middle- and low-income taxpayers to seize too.

The proposed regulations clarify points including the interaction of qualifying occupations for which tips are customarily received with ineligible specified service trades or businesses.

Don’t miss these often overlooked tax deductions and credits when you file your tax return this year.

Tax cuts promise growth—but do they drive corporate investment? This article explains how 2025 tax changes add complexity and ...

For those trying to anticipate what's different, here are tax changes that could affect you this year and might even retroactively affect your 2025 taxes.

Here's what to know about a tax credit vs. deduction, including how each works and how they can reduce your tax bill and improve your tax refund amount.