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

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 ...

Taxes usually feel straightforward until real life complicates them. Beyond the familiar deductions, the IRS has approved a ...

The IRS allows you to claim deductions that reduce the amount of tax you owe. Those deductions either are itemized deductions ...

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

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.

If you've recently gone into business for yourself, don't miss these sometimes overlooked credits and tax deductions for the self-employed.

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 ...

Self-employed or freelance and owe taxes? Learn which IRS tax relief options may help, including payment plans, penalty ...

Let’s face it — tax season can be stressful. This is especially true for self-employed individuals and small business owners searching out every self-employed tax deduction and navigating other small ...