A new tax deduction for many adults 65 and older has plenty of rules and requires new paperwork. What you need to know when ...

The "big, beautiful bill" included a bonus senior deduction.

If you haven't filed your taxes yet, there's still plenty of time, and a new update from the IRS could make the process ...

There are four new federal tax deductions to know ahead of tax season in the United States.

Tax deductions have changed over the last year, so it's a good idea to read up on the new tax deductions that start in 2026 ...

Two Democratic lawmakers are proposing tax reforms that would eliminate federal income taxes for millions of Americans.

The new, temporary senior deduction gives taxpayers 65 and older who fall within income limits the opportunity to deduct up ...

A Place for Mom reports some assisted living expenses may be tax-deductible if they exceed 7.5% of AGI, excluding nonmedical ...

Splitero reports homeowners should review tax deductions and credits before filing 2025 returns, including itemizing vs.

Sen. Cory Booker proposes eliminating federal income tax on first $75,000 of income for working families in new Keep Your Pay ...

President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could affect your tax return this season.

A new tax break on overtime pay will save money for many workers. But the savings are less than you'd expect based on what doesn't qualify.