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 tax break offers deductions of up to $10,000, but income limits and loan rules mean most buyers will see much smaller savings.

The OBBBA created a new tax deduction for seniors worth up to $12,000 for joint filers. Find out who qualifies, the income ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced deduction for seniors.

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

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

Let’s face it — tax season can be stressful. This is especially true for self-employed individuals and small business owners searching out every self-employed tax deduction and navigating other small ...

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 ...

Many small business owners are pleased to learn that a vehicle they purchased for use in their company may qualify for a Section 179 tax deduction. Carefully using Section 179 vehicles can bring tax ...

From student loan interest to retirement credits, here are the tax deductions millennials often overlook — and how ChatGPT ...