A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who qualifies, and income limits.

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...

The budget bill passed in July adds a new deduction for seniors that could eliminate taxes on social security for some.

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

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify ...

The IRS said it expects 164 million individual tax returns to be filed.

Wondering what tax relief you qualify for? Learn about IRS tax relief programs, credits, deductions and payment options based ...

You know, here's the thing. Most Americans spend decades filing their tax returns without ever hearing about a special form designed just for them once they hit retirement age. It's not like the IRS ...