Seniors could get a bigger tax deduction this year, but the rules matter. Here's what to know before filing.

New tax deductions for overtime pay, tips, seniors, and car loan interest don’t disappear immediately when income crosses a ...

The final IRS regulations expand the tips deduction to 71 occupations and clarify rules on qualified tips, digital payments, ...

The One Big Beautiful Bill Act (OBBBA) included a new tax deduction for seniors. Eligible filers can get a $6,000 tax break.

The 2026 tax season started a week ago, on Jan. 26. There are a lot of changes taxpayers should know about before filing their 2025 taxes, changes that could save you money. While the impact — or how ...

Not everyone gets to benefit.

Across the broad range of deduction offerings, including Trump's signature "No Tax on Tips" and "No Tax on Overtime", 30 ...

The IRS adjusts tax brackets and standard deductions each year for inflation. This could account for some workers seeing slightly higher paychecks at the beginning of the year. Temporary deductions ...

COLUMBUS, Ohio — We’re now less than 60 days from the April 15 federal tax filing deadline, and this year’s returns come with a significant new break for many hourly workers: a deduction for part of ...

Millions of workers saw bigger refunds or smaller tax bills after claiming a new overtime deduction. But some ask why so many ...

Beginning with 2026 tax returns (filing in 2027), mortgage insurance premiums will again be tax-deductible for qualifying ...