Taxpayers could be stretched to new limits in 2026 as key but complicated new tax breaks kick into place on 2025 federal ...

Many people aged 65 or older are now eligible to claim a new senior tax deduction worth up to $6,000 per person per year. To ...

While tax season won't start for at least another month, and most taxpayers won't need to file their 2025 tax returns until ...

Tax season is about to collide with one of the biggest rewrites of the code in years, and the result could be a noticeably different refund for millions of filers. Between routine inflation ...

Tax Talk offers some last-minute income tax filing tips. Read these then act quickly as you only have a few business days ...

There will be no paper returns this tax season. If you need help filing your taxes before April 15th, there’s help available ...

Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...

“The thresholds for clawing back child benefit increased on 6 April 2024, which would have been welcome relief for many. But ...

This week’s Tax Breaks newsletter also looks at fantasy football winnings, car-related tax deductions, stock options, IRS Chief Counsel nod, Taylor Swift tax, tax filing deadlines, and tax trivia.

The new “no tax on tips” and “no tax on overtime” deductions require additional reporting by employers and other payers. However, rather than require more reporting this late in 2025, the IRS is ...