President Donald Trump's "big beautiful bill" added the "no tax on overtime" deduction for 2025 returns. Here's how to claim ...

Seniors 65 and older can claim a new federal tax deduction up to $6,000 for 2025, but it's not automatic. Learn how to get ...

Retirees’ tax bills in 2026 will be shaped not just by new deductions but also by changes to income limits and thresholds that affect Social Security, retirement accounts and Medicare premiums.

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who qualifies, and income limits.

New draft rules for the Income Tax Act, 2025, are sparking a debate between old and new tax regimes. Salaried taxpayers may ...

Discover how same-year tax deductions apply to capital expenditures, with insights into Section 179 deductions and the difference between CapEx and OpEx for tax purposes.

The White House has reported that, on average, Americans will receive about $1,300 more in their pocket through the deduction.

From the $20,000 529 plan expansion to the return of the student loan "tax bomb," the new Trump tax bill has overhauled how ...

While contributions to a 529 plan for your child or grandchild don’t reduce your federal tax bill, more than 30 states offer state tax deductions or credits for these contributions. This can still ...

Home prices nationwide are up 55% over the past five years, stirring up widespread anxiety about rising assessments and real estate taxes. Here’s what you need to know.