A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the ...

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

As a taxpayer, you pay tax as a percentage of your income in layers called tax brackets, according to the IRS.

Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?

Starting for the 2026 tax season, seniors aged 65 and older can claim an additional $6,000 deduction. Here are all the ...

Seniors could keep more money with new tax break phasing in for 2025 returns. The extra deduction helps lower- and ...

For 2025, these autos have a Section 179 tax deduction limit of $12,200 in the first year they are used. In fact, if the ...

He almost signed his own deportation. A habeas petition in a New Mexico federal court saved him.

A new federal tax deduction for Americans 65 and older might make a difference that actually matters. Here's what we know.

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...

In proposed regulations for the car loan interest deduction, the IRS addresses issues for taxpayers and lenders, including eligibility criteria for the deduction and information-reporting requirements ...

As a taxpayer, you pay tax as a percentage of your income in layers called tax brackets, according to the IRS. Here’s a look ...