Benefits recipients could save $6,000 in federal taxes on their monthly payments. Here’s who is eligible to claim the ...

The Department of Revenue says Minnesota taxpayers will see tax brackets change by 2.369% from tax year 2025, to protect ...

These seven common deductions draw IRS scrutiny — not because they're suspicious, but because most people document them wrong ...

Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize.

Many of the most impactful tax provisions in the "One Big Beautiful Bill" (OBBB), which President Trump signed into law on July 4, made expiring changes from the Tax Cuts and Jobs Act (TCJA) of 2017 ...

Plus: Holiday parties, booze on the beltway, a proposal to end dual citizenships, Affordable Care Act subsidies, Trump ...

Most taxpayers will be in for a pleasant surprise when they prepare their federal income tax returns for 2025. Last July's ...

Q. Hi, Dan. I don’t understand why people are talking about the new deduction for charitable gifts next year. Haven’t charitable gifts always been deductible? — Carl in Rockledge A. Carl, for millions ...

You can deduct 2025 holiday donations on your 2025 taxes if you claim itemized deductions. Trump’s tax and spending package will bring the biggest changes to charitable tax deductions in nearly a ...

The Internal Revenue Service signaled that it is relaxing enforcement of the new “no tax on tips” law, allowing more workers to potentially take advantage of the break. The agency said Friday it is ...

"Taking action before the end of this year can be a huge benefit to your financial health in 2026," said Dan Snyder, director of personal financial planning at the American Institute of CPAs, pointing ...

(NEXSTAR) – After several key changes in 2025, experts are advising taxpayers to start preparing for the coming year now to avoid any costly mistakes. “Taking action before the end of this year can be ...