Here's what you can deduct if you aren't itemizing, along with tax brackets, senior deductions including the phaseout ramp, ...

If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.

Social Security represents a major source of monthly income for many citizens, especially retirees. The "new" deduction will ...

Social media posts claim President Donald Trump just signed a bill that would allow for home gyms to be tax deductible. They ...

President Donald Trump’s “Big Beautiful Bill,” which he signed into law in July, includes provisions that could impact many ...

Taxpayers can write off a maximum of $10,000 with this benefit enacted under President Donald Trump's One Big Beautiful Bill ...

Social Security numbers (SSNs) must be shown on the return for each child for whom the credit is being claimed, but also, new ...

Taxpayers should check the vehicle information label to figure out whether a car they purchased this year qualifies for Trump ...

President Donald Trump’s One Big Beautiful Bill Act, which was recently signed into law, offers Americans a number of tax benefits. It makes many of the changes from the Tax Cuts and Jobs Act (TCJA) ...

Homeowners now have the chance to write off much more of their state and local tax bills, and this could potentially lead to bigger tax refunds. That’s if they play their cards right on the SALT ...

Taxpayers could be stretched to new limits in 2026 as complicated new tax breaks kick into place on 2025 federal income tax returns.