Is HELOC interest tax deductible? It can be if the funds are used for eligible home improvements and meet IRS requirements. Learn more with this guide.

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

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

Tax season 2026 brings new and updated federal income tax credits and deductions. Here's how you can take advantage of each.

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 ...

The Internal Revenue Service recently updated guidance in Fact Sheet FS-2025-09 (Fact Sheet) to address changes to the ...

If you're stuck inside after the massive snowstorm across the Northeast, it might be a great time to get started on your ...

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.

Tax season is fast approaching and several tax policy changes impacting older Americans will be in effect when seniors go to file their returns. The enactment of Republicans' One Big Beautiful Bill ...

A new, temporary 'senior bonus' will enable many taxpayers age 65 and older to deduct up to $6,000 in income from their federal returns. You must file a new Schedule 1-A. The new enhanced deduction ...