The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know ...

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

Tax rules in 2026 tilt even more heavily toward people who take the standard deduction, thanks to new above the line write ...

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, ...

New 2026 gambling tax limits loss deductions to 90%, raising taxes for bettors. Learn how Congress is responding and what ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...

The “No Tax on Overtime” is a tax deduction that allows certain workers to deduct up to $12,500 in qualified overtime ...

Simple W-4 adjustments and new deductions for tips, overtime and seniors could add $200+ monthly to take-home pay starting ...

Few pieces of legislation have sparked as much discussion as the One Big Beautiful Bill Act. Since its passage, the act has been celebrated by some for its tax cuts and denounced by others for its ...

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

If you're ready to file your 2025 income taxes (and receive your potential tax refund) early, here is the information and ...