The IRS announced updated inflation adjustments for the 2026 tax year, including new federal tax brackets and higher standard ...

The 'One Big Beautiful Bill Act' (OBBBA), signed into law on July 4, 2025, introduces a new $6,000 tax deduction for seniors.

For tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.

For tax year 2026, the standard deduction will be $32,200 for married couples filing jointly. For single taxpayers and ...

Social media posts claim President Donald Trump just signed a bill that would allow for home gyms to be tax deductible. They are false.

Many taxpayers might miss these valuable tax deductions and credits for 2026, from HSA contributions to the new senior ...

Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only ...

Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...

The One Big Beautiful Bill Act became law less than six months ago, but several major changes to the tax code have already ...

Poker Hall of Famer Erik Seidel has won 10 World Series of Poker bracelets while earning tens of millions of dollars in ...

By late December, many tax savings strategies are off the table. But there are still a few simple things that you can do now ...

There's a higher SALT cap of $40,000 on property taxes, a higher child tax credit, new deductions for elderly residents, no ...