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

Taxpayers should prepare for major tax-policy shifts this year. Forbes’ expert contributors explain how — and when — key rule ...

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

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

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

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

Tax filing season opens Jan. 26, the day the Internal Revenue Service begins accepting tax returns.

For some retirees, the change could eliminate federal income taxes entirely, although many were already exempt from Social ...

Seniors could keep more money with new tax break phasing in for 2025 returns. The extra deduction helps lower- and ...

Starting for the 2026 tax season, seniors aged 65 and older can claim an additional $6,000 deduction. Here are all the ...