For some people, tax refunds could turn out to be much bigger in 2026 than expected after dramatic changes in key tax rules hit 2025 federal income tax returns. But the upcoming tax season likely will ...

President Trump’s tax and spending cut bill was signed into law on July 4, 2025. It enacted new tax deduction rules for many Americans, including seniors and certain workers. Changes include no taxes ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Effective January 1, 2026, the One Big Beautiful Bill Act ...

The clock is ticking for philanthropic clients who want to maximize tax deductions on their charitable donations. New rules in the One Big Beautiful Bill Act (OBBBA) will fundamentally alter ...

Thanks to changes to the tax laws, 2026 gives taxpayers a chance to take a fresh look at their charitable giving. Whether you’re donating cash, stock or money from your retirement account, a little ...

Christine Benz: Hi, I’m Christine Benz for Morningstar. People who are 65 and older may be able to take advantage of a new senior deduction starting in 2025. Joining me to discuss what you need to ...

As 2025 comes to an end, it is an appropriate time to revisit state and local tax deductions and charitable giving plans. The One Big Beautiful Bill (OBBBA) introduced several updates that may ...

WASHINGTON — Key evidence about an ally of former FBI Director James Comey was temporarily ruled off limits by a judge late Saturday, complicating the Justice Department’s efforts to re-indict him. US ...

The One Big Beautiful Bill Act ("OBBBA") brings major changes to federal charitable deduction rules beginning January 1, 2026. These changes reduce the tax value of charitable giving for many ...

The IRS has released its guidance for the “no tax on tips” and “no tax on overtime” provisions of the One Big Beautiful Bill Act (OBBBA), for workers who can claim the deductions for the 2025 tax year ...

The IRS has released guidance for the federal tips and overtime deductions enacted via President Donald Trump's "big beautiful bill." However, reporting requirements for 2025 could cause confusion for ...

The Internal Revenue Service and the Treasury have issued guidance for taxpayers to claim the deductions for tips and overtime pay from the One Big Beautiful Bill Act. Processing Content The two ...