The Senior Deduction can be as high as $6,000 ($12,000 for married couples filing jointly)—but you won't be able to deduct ...

Federal tax rules are shifting in ways that could dramatically change how workers and retirees keep what they earn, from ...

Your IRS tax refund may arrive sooner than you think. Here’s a schedule for when you can expect your check or direct deposit.

Plus: Holiday parties, booze on the beltway, a proposal to end dual citizenships, Affordable Care Act subsidies, Trump ...

Tipped workers could end up getting an extra $1,000 to $2,000 in refunded tax, while overtime workers could see similar ...

A $775 million Powerball jackpot sounds like a ticket out of real life and into a private-jet fantasy, but the tax code has a way of shrinking even the biggest dreams. Once the IRS and state revenue ...

TurboTenant reports that obtaining real estate professional status offers tax benefits for landlords, requiring strict ...

Wondering whether you'll need to pay taxes on your Social Security benefits is a very common concern for many seniors and ...

Much of the extra refund money next year will go to upper-income households, he said. That's largely due to a temporarily higher $40,000 deduction on state and local taxes, he said. That so-called ...

Taxpayer Identification Number (TIN) mismatches have quietly become one of the most expensive and disruptive compliance ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

Learn how to make 529 plan contributions as a gift, understand the gift tax rules, and explore how to contribute efficiently ...