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

The "big beautiful" tax law lets older American couples potentially take up to $12,000 per year off their taxable income for ...

Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?

Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

Americans who are 65 and older got a hefty new tax break under the massive tax bill that President Donald Trump signed into law on July 4: A new bonus deduction that’s worth as much as $6,000 per ...

The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know ...

Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. For an expense to be deductible, the cost must be ...

Learn how to deduct casualty and theft losses on your taxes effectively. Understand eligibility, criteria, and the filing ...

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...

Don’t let Uncle Sam take more of your hard-earned money than he needs to. Learn about deductions and how to use them to reduce your tax bill. The standard deduction is a set amount that taxpayers can ...

If you have a side hustle — or are full-time in business for yourself — you might qualify for self-employment tax deductions. These deductions can lower how much of your income is considered during ...

For decades, the U.S. tax code has subsidized donations by allowing taxpayers to deduct contributions to nonprofits from their income. But only taxpayers who itemize when filing their tax return can ...