Learn how the new "no tax on tips" deduction can reduce your federal taxable income by up to $25,000 if you earn tips at work ...

Millions of Americans may pay less tax in 2025 as the IRS explains how workers can claim new deductions on tips and overtime ...

Older taxpayers now have access to some of the most generous standard deduction rules on record, and the stakes are high for ...

One of the biggest decisions people make at tax time is whether to itemize or take the standard deduction. Most people take the standard deduction, according to IRS data, but tax pros warn that if you ...

In a recent monthly newsletter published by Ed Slott, Heather Schreiber, an expert on Social Security, discussed the impact ...

Learn how to deduct casualty and theft losses on your taxes effectively. Understand eligibility, criteria, and the filing ...

You could owe Social Security taxes on up to 85% of your benefits, depending on your income and marital status. The “big, beautiful bill” didn't eliminate Social Security benefit taxes. It did ...

You don't need to itemize to save on taxes in 2026. These 13 overlooked deductions and adjustments can lower your taxable income and reduce what you owe.

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 ...

"Individuals who receive qualified overtime compensation may deduct the pay that exceeds their regular rate of pay – such as the 'half' portion of 'time-and-a-half' compensation," the IRS said. The ...

Explore how tax relief programs can help you lower your tax bill and settle debts. Learn about deductions, credits, and ...