New tax rules for seniors bring bigger deductions, potential refunds & planning opportunities, with impacts on retirement income & Social Security.
Donald Trump’s proposal to eliminate overtime tax has ignited chatter.
OPINION: Deb Haaland promises greater affordability, but supports policies that increase the cost of living ...
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8 tax deductions boomers always forget (including one worth $6,000+)
Many Baby Boomers miss valuable tax deductions each year. Learn eight often-forgotten breaks, including a new $6,000 senior deduction and other savings.
The new, temporary senior deduction gives taxpayers 65 and older who fall within income limits the opportunity to deduct up ...
This type of insurance includes liability coverage, which can shield you if you're found at fault for damages to someone else. It also pays to repair or replace your property's structure if it's ...
New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes could lower your tax bill.
President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could affect your tax return this season.
As a homeowner, you know that your taxes can get complex. Now, with the One Big Beautiful Bill Act (OBBBA) signed into law, you may be wondering what changes you ...
The IRS will allow up to $10,000 in car loan interest deduction starting with 2026 tax filings for the 2025 tax year. This ...
OSCEOLA COUNTY, Fla. — Tax season is officially underway as Monday marks the first day of the filing season. According to the IRS, taxpayers will use a new schedule 1-A to receive recently changed tax ...
For members of the National Guard or military reservists, you can deduct partial travel expenses for attending meetings or drills more than 100 miles from home, even if you don’t itemize. You can ...
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