Tax season is underway and you have until April 15 to file your return with the IRS. If you want to avoid the stress of the ...

New tax rules under the One Big Beautiful Bill Act could mean bigger refunds in 2026, but filing differently may be required to claim every available deduction.

Many Baby Boomers miss valuable tax deductions each year. Learn eight often-forgotten breaks, including a new $6,000 senior ...

The draft income-tax rules make it clear that several salary-linked exemptions and non-taxable perquisites continue to be ...

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

The IRS will allow up to $10,000 in car loan interest deduction starting with 2026 tax filings for the 2025 tax year. This ...

Tax season is underway and you have until April 15 to file your return with the IRS. For many, especially first-time filers, taxes can be daunting and it’s tempting to leave them until the last minute ...

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

Knowing what credits or deductions are available this year could be the difference between dominating and dreading the process.

Unlike with traditional IRAs, Roths do not provide tax savings, so anyone converting such funds to a Roth must pay federal ...

It’s a decision that every taxpayer is faced with when choosing how to claim deductions on their federal tax return: Do you take the standard or do you itemize? Making the right choice could mean more ...

The Georgia Senate passed bills SB 476 and SB 477, aiming to reduce state income tax rates and increase standard deductions.