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 most recent government shutdown began Oct. 1, 2025, after Congress failed to pass appropriations bills for the new fiscal ...
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 Security number on your tax return and have a modified adjusted gross ...
The Better Business Bureau warns scammers will be especially aggressive this tax season, with schemes ranging from identity theft and phishing to fake IRS calls and fraudulent tax preparers. Scammers ...
This year, some taxpayers will see changes due to the “One, Big, Beautiful Bill Act,” which adjusts how certain deductions are claimed. Individuals aged 65 and older can qualify for an additional ...
Several new tax deductions are available this year but they're not automatic. The IRS will start accepting tax returns on Monday, Jan. 26. Here's how to check the status of your refund, which many are ...
As homeowners across the U.S. prepare to file their taxes this season, they may be wondering what deductions they qualify for and whether it's worth itemizing or sticking with the standard deduction.
The IRS adjusts tax brackets and standard deductions each year for inflation. This could account for some workers seeing slightly higher paychecks at the beginning of the year. Temporary deductions ...
Americans can expect “really, really large” tax refunds this year. Major tax law changes mean most Americans will get much larger refunds this year. Treasury Secretary Bessent predicts “gigantic” ...
The One Big Beautiful Bill (OBBB) Act that President Trump signed into law last July implemented multiple changes to the tax code, including for seniors. One notable change is a new $6,000 deduction ...
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