The One Big Beautiful Bill Act raises the SALT deduction cap starting in 2025, potentially increasing tax refunds for many ...

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

The new, temporary senior deduction gives taxpayers 65 and older who fall within income limits the opportunity to deduct up ...

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

Some people who’ve bought a new car recently might be eligible for up to a $10,000 deduction on their federal taxes. As part ...

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.

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 standard deduction for single taxpayers increased to $15,750 for tax year 2025. It also increased to $23,625 for the head ...

Retroactive 2025 changes may boost early‑2026 refunds, making accurate filing and use of IRS tools key for millions of Americans.

The IRS mileage reimbursement rate allows eligible taxpayers to deduct vehicle use for qualifying purposes. Learn which trips ...

A sweeping federal law passed last year could have impacts on 2025 tax returns for millions of American taxpayers.