The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how to choose the option that’s best for you.

Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than ...

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

The new $6,000 deduction goes into effect for the 2025 tax year and will continue through 2028 for those aged 65 and older.

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 ...

OBBBA has introduced a ‘Seniors Deduction’ for retirees over 65, of up to $6,000 for individuals ($12,000 for couples), in 2026 tax filings.

Turning 65 means tweaking your lifestyle habits due to natural changes that occur to your body. There are two surprises that happen with age—sarcopenia (the loss of muscle) and bone loss. It’s ...

The One Big Beautiful Bill Act (OBBBA), enacted on July 4, 2025, has brought about substantial changes in the tax landscape for seniors. This legislation introduces a new deduction specifically for ...

The quarterly "Advisor Outlook Index," conducted by U.S. News & World Report and AdvisorFinder, asks financial advisors to share their predictions on markets, retirement conditions, the tax climate ...

Wondering which tax credits and dedcutions apply to you this year? Here's an overview of qualifications, what's new this year ...

Witness testimony ended Tuesday in the trial of a former Uvalde, Texas, school police officer accused of failing in his duty to stop a gunman in the critical first minutes of the 2022 Robb Elementary ...