New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes could lower your tax bill.

A bigger standard deduction, changes in the itemizing rules and new temporary deductions all complicate the decision. Here’s how to choose the option that’s best for you. When it comes to federal ...

Millions of seniors who receive Social Security benefits will get a ‘bonus’ tax deduction this year. The new $6,000 deduction goes into effect for the 2025 tax year and will continue through 2028 for ...

Document, document, document. Patrick Malloy, Co-Director, National Tax Practice and Strategy with Crescent Grove Advisors, cites that among the best advice he’s ever received in tax. Patrick Malloy ...

Cost of living is up. Paychecks are not. And workers are not OK. Could another storm hit the East Coast soon? Here are the possibilities. Mayor narrowly escapes RPG attack She Was Half Ape, Half Human ...

A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify and claim the deduction when they file their taxes this year.

Ever notice in those reality shows, like "House Hunters," focused on residential real estate and home renovations, that everyone wants a home office? There's a good reason for that. That extra home ...

Americans can expect smaller tax bills and bigger refunds this year—after they navigate a pile of new rules from last year’s tax law. “Any time people have big life changes or there are law changes, ...

Tithing can be tax-deductible, but only under specific IRS rules. To claim a deduction for church giving, you must donate to a qualified religious organization, itemize your deductions and keep proper ...

Early-bird tax filers will be happy to know that the Internal Revenue Service will begin accepting and processing 2025 income tax returns on Monday, Jan. 26. Taxpayers are likely to be shocked to ...

The 2026 filing season is underway, and several changes to the tax code will affect most taxpayers’ returns, especially compared to last year, when the IRS made only routine inflation adjustments. The ...