This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.
The IRS allows you to claim deductions that reduce the amount of tax you owe. Those deductions either are itemized deductions ...
Some of the changes, passed in the Big, Beautiful Bill Act last year, impact returns this tax season. Here's a list of key ...
Rising health costs in 2026 are colliding with a complicated tax code, and many households are trying to figure out whether their medical premiums can meaningfully reduce what they owe the IRS. The ...
The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules apply to many tax breaks.
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced deduction for seniors.
President Donald Trump signed the One Big Beautiful Bill Act into law in July. The legislation made permanent many provisions of the Tax Cuts and Jobs Act of 2017 and ushered in numerous new ...
The 2026 filing season is underway, and several changes to the tax code will affect most taxpayers’ returns, especially ...
Clients will need more help than usual this tax season, as last summer’s H.R. 1, P.L. 119-21, known as the One Big Beautiful Bill Act, made federal taxes more complicated for many individuals. The law ...
Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...