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 ...

Homeowners now have the chance to write off much more of their state and local tax bills, and this could potentially lead to ...

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

The "One Big Beautiful Bill" (OBBB) that President Trump signed into law on July 4 made significant changes to the deduction for State and Local Taxes—nicknamed the "SALT" deduction. These changes ...

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

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

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

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 ...

As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say. Enacted via the Tax Cuts and Jobs Act, or TCJA, of ...

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 ...

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 ...