Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know ...

Tax rules in 2026 tilt even more heavily toward people who take the standard deduction, thanks to new above the line write ...

Taxpayers and businesses are encouraged to review IRS instructions and updates closely as new rules take effect.

The IRS will begin accepting 2025 tax returns on Monday, Jan. 26, 2026, the agency announced. Taxpayers have until Wednesday, April 15, 2026, to file their tax returns and pay any tax due, according ...

In proposed regulations for the car loan interest deduction, the IRS addresses issues for taxpayers and lenders, including eligibility criteria for the deduction and information-reporting requirements ...

Simple W-4 adjustments and new deductions for tips, overtime and seniors could add $200+ monthly to take-home pay starting ...

With tax season nearing for Americans, a new provision enacted under President Trump’s “big, beautiful bill” could provide ...

Learn how to deduct casualty and theft losses on your taxes effectively. Understand eligibility, criteria, and the filing ...

Few pieces of legislation have sparked as much discussion as the One Big Beautiful Bill Act. Since its passage, the act has been celebrated by some for its tax cuts and denounced by others for its ...

Trump predicts record tax refunds in 2026. Here’s how new tax laws, withholding changes, and timing could mean a bigger ...