Taxpayers may get bogged down in the complexities of claiming deductions for tips, auto loan interest and overtime pay.

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 ...

President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could ...

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

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

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 ...

Property taxes and sales taxes can outweigh the savings from no state income tax, especially for retirees on fixed incomes.

If you purchased a new car after Dec. 31, 2024, you can now deduct the interest you paid on the auto loan when you file your ...

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

The charitable donation tax deduction lets you write off qualified gifts to nonprofit organizations, but there are rules to ...

The standard deduction and SALT cap are both higher and there are new perks for seniors, those who financed new cars and ...

The state of Indiana offers two different property tax deductions to certain veterans — a $14,000 deduction and a $24,960 deduction. Additionally, under certain circumstances, a veteran may qualify ...