For older taxpayers, the new senior tax break is one of the most generous federal perks in years, effectively letting many ...

Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?

Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

The IRS offers various tax breaks for homeowners that can help lessen the financial burden associated with homeownership. Common tax breaks available to homeowners include a mortgage interest ...

“Barring Congressional Action, tax rates are set to revert to pre-Tax Cuts and Jobs Act levels at the end of 2025.” I scribbled out that same general line on numerous occasions since the TCJA was ...