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 ...

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 ...

Exemptions, deductions and rebates may sound similar, but they work at different stages of tax calculation and directly ...

Here's what to know about a tax credit vs. deduction, including how each works and how they can reduce your tax bill and improve your tax refund amount.

A 529 college savings plan offer many tax advantages, so how can you determine what's for your child's education in the long ...

Tax avoidance strategies aren’t solely for the rich — plenty of tax deductions and credits are available for middle- and low-income taxpayers to seize too.

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

The 2018 Tax Act created a new deduction for qualified business income earned by an individual. The basic deduction is 20% of ...

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...