Donald Trump’s proposal to eliminate overtime tax has ignited chatter.

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 ...

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

A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify ...

If you're 65 or older, this could have a huge effect on your taxes this year.

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who ...

The new 2025 tax bill signed by President Trump includes a federal deduction for overtime pay. Learn who qualifies, how much you can deduct, and how to claim it.

New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes could lower your tax bill.

Many Baby Boomers miss valuable tax deductions each year. Learn eight often-forgotten breaks, including a new $6,000 senior ...

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