Here's a look at some of the most commonly assumed tax breaks that either no longer exist or simply don't work the way people expect any more.

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

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

As the Finance Minister readies Budget 2026, salaried taxpayers remain split on whether lower rates can truly replace deductions ...

Americans are getting bigger-than-usual tax refunds this year, with an estimated $90 billion to $100 billion increase in ...

Here's when the IRS and Ohio will start accepting returns, how to deduct overtime and tips, the 2025 tax brackets, and when ...

Each year, the Union Budget draws the nation’s attention as it defines the country’s economic direction for the new financial ...

(NewsNation) — Tax filing season opens Jan. 26, the day the Internal Revenue Service begins accepting tax returns. As a taxpayer, you pay tax as a percentage of your income in layers called tax ...

What is the standard deduction? Most taxpayers claim the standard deduction, a fixed amount you can deduct to reduce your taxable income and lower your federal tax bill. Unlike itemized deductions, ...

The Internal Revenue Service has released proposed regulations clarifying how a new auto loan interest deduction will work, offering dealerships and consumers detailed guidance on which ...

View post: Extreme Cold Is Dangerous for Older Adults—An 18-Year Medical Alert Expert Explains How to Keep Them Safe (Exclusive) OBBB law introduces significant federal tax deduction changes, ...