For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...

New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed ...

A $30,000 mistake. When paying the IRS, a Bay Area taxpayer wrote the correct amount of $3,360 on the numerical value box on ...

Navigating annual tax changes can feel complex sometimes. Understanding them is crucial for informed financial choices to be ...

National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...

Navigating taxes in retirement can be challenging. Your tax situation may differ from your working years due to income and ...

The Internal Revenue Service has released the federal income tax brackets for 2025. A key point for taxpayers is that the ...

The enactment of the Great Beautiful Project Act (OBBBA) by President Trump on July 4, 2025, has sparked significant debate ...

Gamblers will have to pay taxes on their losses thanks to provision in Trump’s spending bill - The provision overturns the ...

Trump’s ‘One Big Beautiful Bill’ could reshape the Earned Income Tax Credit by adding new eligibility requirements. While not eliminating the EITC, the changes may reduce access for low-income ...

Making use of refunds; playing defense; how to use thin air; and other highlights of recent tax cases.