Turning 65 doesn't just mark a milestone in life, it can also unlock valuable tax savings. The IRS grants seniors an extra standard deduction. This deduction can lower taxable income by thousands of ...

The Section 179D energy efficiency deduction, a key incentive for commercial building upgrades, is set to expire in June 2026 ...

Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.

When the so-called One Big Beautiful Bill Act was signed into law in July, it set the table for late-year tax discussions with clients. And one of the things that will likely be high on your agenda is ...

Tax season is approaching. Tax breaks that were extended as part of President Trump's "One Big Beautiful Bill" will mainly ...

Taxpayers are set for a "record tax refund season" in 2026 due to retroactive tax cuts and unadjusted 2025 IRS withholding ...

Some filers could see a bigger tax refund in 2026 based on midyear changes enacted via President Donald Trump's "big ...

President Donald Trump’s One Big Beautiful Bill Act, which was recently signed into law, offers Americans a number of tax benefits. It makes many of the changes from the Tax Cuts and Jobs Act (TCJA) ...

A bevy of lawmakers, including the powerful vice chair of the U.S. House of Representatives' tax law writing committee, has introduced legislation seeking to restore the tax deduction for private ...

Tax season is officially here. And if saving money is your biggest priority this year, there are plenty of tax breaks to take advantage of. Sadly, many of you might be leaving money on the table. From ...

WASHINGTON, DC - MAY 22: U.S. Speaker of the House Mike Johnson (R-LA) speaks to the media after the House narrowly passed a bill forwarding President Donald Trump's agenda at the U.S. Capitol on May ...

The maximum credit for families with two children will increase to $7,316, up from $7,152 in 2025. Those with one child can receive up to $4,427, an increase from $4,328, while qualifying adults ...