You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...

Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax ...

Self-employed individuals have their own unique opportunities at tax time. Here are some of the most generous tax deductions available to the self-employed.

Here's what to know about a tax credit vs. deduction, including how each works and how they can reduce your tax bill and improve your tax refund amount.

The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules apply to many tax breaks.

Federal tax credits come in a number of flavors, including refundable, nonrefundable and partially refundable. Here’s what you should know heading into tax season.

Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...

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

Some deductions remain every year, but others change or disappear and new ones crop up. Learn about the best tax deductions ...

Exemptions, deductions and rebates may sound similar, but they work at different stages of tax calculation and directly ...

The 2018 Tax Act created a new deduction for qualified business income earned by an individual. The basic deduction is 20% of ...