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

Millions of households are on track to see fatter refund checks when they file their 2025 returns in early 2026, thanks to a ...

Trump's One Big Beautiful Bill was signed into law in July of 2025, and provisions of the bill bring big changes to many taxpayers. From revised income brackets to expanded deductions and credits, ...

Millions of households are being told to brace for unusually big checks when they file their 2025 returns in early 2026, with ...

Annual adjustments protect you from "bracket creep" — when inflation pushes you into a higher tax bracket even though your buying power hasn't increased. For example, a married couple filing jointly ...

Knowing which expenses your LLC can deduct is fundamental to maintaining healthy business finances. Every legitimate business expense you properly document and deduct reduces your taxable income, ...

Many Americans will see larger tax refunds in 2026 as a result of President Donald Trump’s One Big Beautiful Bill Act (OBBBA). Most of the benefits of the retroactive features will finally hit next ...

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