When tax season rolls around, deductions and credits can make a real difference in how much you owe -- or how much you get ...

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

Any changes made to the IRS Fresh Start program could affect whether you're eligible for this type of tax relief.

The IRS offers special tax breaks for seniors that can save you thousands as you get older. Here's what you need to know for tax filing year 2025 to 2026.

Instead of bolstering relief to help families access critical public goods and services, Republicans in Congress are pushing policy changes to help the rich keep or grow their wealth. A fierce tax ...

House Republicans passed President Donald Trump’s “one big, beautiful bill” on May 22. This meaty budget reconciliation bill includes a provision to increase the state and local tax, or SALT, ...

When it comes to tax planning, timing can be everything, especially with major changes on the horizon. President Donald Trump’s recent signing of the “One Big Beautiful Bill” (OBBB) into law will ...

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 ...

The standard deduction has more than doubled since enactment of the Tax Cuts and Jobs Act in 2017. Because of these increases, many clients who historically itemized deductions may find it ...

Lawmakers could increase the state and local tax, or SALT, deduction limits. This could mean bigger tax breaks for high earners. Here's what you can do to prepare. Many, or all, of the products ...