President Trump's One Big Beautiful Bill introduces a $6,000 tax deduction for seniors, aiming to ease their financial burden ...

The IRS is rolling out significant tax form changes impacting seniors over 65. These updates aim to ease the financial burden on this demographic by introducing new deduction opportunities.

Two of the most common tax forms for individuals will see changes in 2026 to accommodate new provisions like no tax on tips ...

President Donald Trump’s “One Big Beautiful Bill” quadruples the state and local tax (SALT) deduction cap to $40,000. Sounds ...

The typical U.S. taxpayer could see their taxes decrease by more than $3,750 next year thanks to fresh cuts, deductions and ...

For want of a properly completed form 8283 a deduction for non-cash charitable donations is lost and penalties incurred in ...

President Donald Trump's "no tax on tips" policy covers eight industry categories, including food service, entertainment, ...

Roth conversions and capital gains could disqualify high earners from Trump's $40,000 SALT deduction. Here's how to avoid the ...

The Treasury has released a preliminary list of jobs that qualify for the new tip deduction. A whopping 68 occupations, ...

The tax break for tipped workers, worth up to $25K in 2025, sounds straightforward but doesn't apply to all tips or all jobs and occupations.

Working middle-income Americans won’t need to itemize to claim these tax deductions and credits — if you qualify.