Like most things in life, the new senior tax deduction is not all bad or all good. Here's what it looks like from several ...

One of the biggest changes hitting tax filers this year is that overtime hours won’t be taxed. Under the newly signed ...

Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.

Tax season is fast approaching and several tax policy changes impacting older Americans will be in effect when seniors go to file their returns. The enactment of Republicans' One Big Beautiful Bill ...

Early-bird tax filers will be happy to know that the Internal Revenue Service will begin accepting and processing 2025 income tax returns on Monday, Jan. 26. Taxpayers are likely to be shocked to ...

Forbes contributors publish independent expert analyses and insights. Kristin McKenna, President, Darrow Wealth Management in Boston, MA The first quarter of a new year typically means focusing on tax ...

It's likely to turn into one wild and wonky tax season. Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than a year ago — ...

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law. Here’s a look at the answers to some of your questions about the new deduction.