Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest, and seniors. What ...

Taxpayers who purchased a new vehicle in 2025 may qualify for a new deduction on their taxes — even if they're not itemizing.

A new tax deduction for many adults 65 and older has plenty of rules and requires new paperwork. What you need to know when filing a 2025 tax return.

If your taxable income is too low, you may not benefit from the new $6,000 tax deduction.

Many Americans miss valuable tax write-offs each year. Here are seven overlooked tax deductions that could reduce taxable ...

Don’t overlook these new tax deductions and credits that can help put more money in your pocket. CPA and TurboTax expert Miguel Burgos fills us in.

A new tax break on overtime pay will save money for many workers. But the savings are less than you'd expect based on what doesn't qualify.

When retirees file their 2025 tax return by April of 2026, they may get very pleasant news. Many seniors who are 65 and over ...

One of the ways to reduce your liability this tax year is to decrease your taxable income. And the best way to do this is by taking advantage of tax ...

Retirees can claim these 7 tax deductions without itemizing. Learn how above-the-line breaks can lower adjusted gross income ...

Financial advisor fees are not tax-deductible now, but there are still tax benefits from working with an advisor.

With the tax filing season already underway, revised 1040 instructions make the tips deduction more complicated and limited for the self-employed.