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

A progressive tax is when the tax rates increase (or “progresses”) as the taxable income increases for an individual or a ...

The IRS adjusts the federal tax brackets every year account for inflation. The tax agency recently released the new brackets ...

The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...

Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...

A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return.

Even though the tax agency's free pilot program is no longer available, there are other free tax filing options this season.