A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the ...
Taxpayers and businesses are encouraged to review IRS instructions and updates closely as new rules take effect.
The IRS will begin accepting 2025 tax returns on Monday, Jan. 26, 2026, the agency announced. Taxpayers have until Wednesday, ...
The latest changes come after the passage of the One, Big, Beautiful Bill Act (OBBB), which was signed into law on July 4, ...
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
The Internal Revenue Service has now locked in the 2025 income tax brackets, standard deduction amounts, and key retirement ...
Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...
The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know ...