The standard deduction and SALT cap are both higher and there are new perks for seniors, those who financed new cars and ...

The IRS began accepting tax returns with new deductions for tips and overtime. Free tax help available for those earning ...

The Internal Revenue Service anticipates receiving some 164 million individual income tax returns as Americans digest the ...

CNBC’s Sharon Epperson explains the standard deduction for 2025 tax returns. For more Tax Tips, go to cnbc.com/money101 to ...

Many taxpayers stand to collect larger refunds this year from the IRS, whether they itemize or not.

Tax season begins Jan. 26, 2026 with some changes as a result of President Trump's so-called "One, Big Beautiful Bill." Among ...

This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.

The latest changes come after the passage of the One, Big, Beautiful Bill Act (OBBB), which was signed into law on July 4, ...

Your filing status affects everything from your tax brackets to whether you have to file at all. Here’s how the rules work.

The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...

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

The new tax bill also temporarily raises the cap on the state and local tax (SALT) deduction to $40,000, up from $10,000. The ...