Working parents often face extra expenses, such as summer day camp for their children. Many people don't know they might ...

If your return has been selected for audit, it is essential that you understand your rights prior to any in-person review or meeting with the IRS agent.

Senate Republicans’ tax bill raises the "SALT" deduction cap to $40,000. Here's who could benefit from the change.

Most taxpayers who file late in June 2025 and opt for direct deposit can expect to receive their refunds in three to five weeks, according to IRS estimates. While earlier filers saw refunds average ...

Many retirees are surprised to discover that their Social Security benefits may be subject to federal taxes. This taxation is ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

The Internal Revenue Service (IRS) allows taxpayers to deduct qualified medical expenses that exceed 7.5% of their adjusted gross income (AGI). This means that if your total medical expenses are ...