The standard deduction and SALT cap are both higher and there are new perks for seniors, those who financed new cars and ...

CNBC’s Sharon Epperson explains the standard deduction for 2025 tax returns. For more Tax Tips, go to cnbc.com/money101 to ...

The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...

The Internal Revenue Service anticipates receiving some 164 million individual income tax returns as Americans digest the ...

It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful ...

As a taxpayer, you pay tax as a percentage of your income in layers called tax brackets, according to the IRS.

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

Seniors could keep more money with new tax break phasing in for 2025 returns. The extra deduction helps lower- and ...

Are you seeing a different amount than you were expecting in your first paycheck of 2026? Here’s a look at the new IRS tax ...