Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.
Despite having to go through the process every year, there never fails to be a tinge of anxiety around tax filing time. Many local libraries and senior centers are offering free tax preparation ...
Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, ...
IRS: The IRS is introducing Schedule 1-A for 2025 tax returns, offering new deductions for qualified tips, overtime pay, car ...
With the big beautiful bill, Donald Trump delivered on his campaign promise to eliminate taxes on tips and overtime. Workers will be able to deduct up to $25,000 in tips and up to $25,000 in overtime, ...
Tim Maxwell is a freelance writer who covers investing, real estate, banking, credit education and other personal finance topics. Credit card interest rates remain high right now, driven up, in part, ...
states exempt seniors from a portion of their property taxes, but almost every state has a program to help ease the burden.