The One Big Beautiful Bill Act introduced a new deduction called No Tax on Overtime for the 2025 tax filing season.
This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.
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.
The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how to choose the option that’s best for you.
The new tax bill also temporarily raises the cap on the state and local tax (SALT) deduction to $40,000, up from $10,000. The ...
What to know about the increased SALT deduction, the new tax break for seniors and other provisions that kick in for your ...
The 2026 filing season officially opened Monday, with an April 15 deadline for submitting returns and paying any taxes owed.