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

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 ...

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 ...

The new $6,000 deduction goes into effect for the 2025 tax year and will continue through 2028 for those aged 65 and older.

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

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

New IRS rules for 2026 raise the standard deduction and adjust brackets, putting more money back in your pocket through lower ...

President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could impact your tax return this season.

The home office tax deduction is a tax break that some self-employed people who work from home can take advantage of. Here's ...

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 ...

It’s important for both residents and businesses to understand California state income tax brackets and how they impact what ...