Taxpayers will see higher deductions, new breaks on tips and overtime, and changes to credits when filing 2025 returns, ...

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

Taxpayers and businesses are encouraged to review IRS instructions and updates closely as new rules take effect.

The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know ...

The best tax deductions to take depend on whether you're claiming the standard deduction or itemizing. Here's what else to know.

The massive new tax law temporarily boosts the maximum amount you can claim under the state and local taxes (SALT) deduction to $40,000, from $10,000, starting in 2025. (For those who are married ...