Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

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

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

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

Retirees often leave money on the table at tax time. Discover 12 overlooked tax deductions that could lower your tax bill and ...

The standard deduction is increasing in 2026; here's what it could mean for you. Each year, the IRS adjusts certain figures to keep up with inflation, and one of them is the standard deduction. And we ...

Feel like you're starting the new year with slimmed down work benefits? You may be right. Changes in some business tax laws ...

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

The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

Horizontal equity ensures that individuals with similar incomes and assets pay the same tax rate, promoting fairness in tax ...