The budget bill passed in July adds a new deduction for seniors that could eliminate taxes on social security for some.

The proposed regulations clarify points including the interaction of qualifying occupations for which tips are customarily ...

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 ...

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...

A new $6,000 tax deduction for seniors is available for the 2025 tax year. Learn the age, income, and filing requirements to claim this major tax break.

A new deduction will allow taxpayers to deduct the interest they paid on a car loan in 2025. But the car loan must be for a ...

Some of the changes, passed in the Big, Beautiful Bill Act last year, impact returns this tax season. Here's a list of key ...

The new, temporary senior deduction gives taxpayers 65 and older who fall within income limits the opportunity to deduct up ...

A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify ...

Roughly 300,000 Nebraska retirees are expected to benefit from a new federal deduction that exempts most Social Security ...

The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and ...

The 2018 Tax Act created a new deduction for qualified business income earned by an individual. The basic deduction is 20% of ...