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 ...

Discover some top 2026 tax strategies. These income timing, retirement planning and smart investing moves could help cut ...

Some deductions remain every year, but others change or disappear and new ones crop up. Learn about the best tax deductions ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

South Carolina’s General Assembly has been very supportive of cutting taxes, but so far it has not decided if the state ...

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.