Tax season is underway and you have until April 15 to file your return with the IRS. For many, especially first-time filers, ...

H&R Block's service asks lots of questions related to potential tax breaks, looking for savings that can come, for example, from cash and noncash charitable donations, and H&R Block was able to find ...

A new tax break offers deductions of up to $10,000, but income limits and loan rules mean most buyers will see much smaller ...

Run the numbers: For 2025, the standard deduction is $31,500 for married couples and $15,750 for singles. If your total ...

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.

New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.

Taxes are complicated enough without the added stress of figuring out which tax software will work best for you. While you ...

Americans are getting bigger-than-usual tax refunds this year. Treasury Secretary Scott Bessent has been talking up this windfall for months, saying that it will help spark “a non-inflationary boom.” ...

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who ...

Salaried taxpayers facing tax notices get relief in Budget 2026 as revised ITR can now be filed for extended periods, ITR-U now covers pending reassessment, and more ...

Self-employed or freelance and owe taxes? Learn which IRS tax relief options may help, including payment plans, penalty ...

There has been a lot of attention paid to the new Trump Accounts – especially the promised $1,000 federal government contributions for eligible newborns and the public declarations by companies and ...