Social Security checks could get a big tax break in 2026 from a new ‘senior deduction.’ What you need to know

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

Minnesota sets income tax brackets, deductions for 2026

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

7 tax deductions the IRS watches closely — and how to keep yours safe

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

Should You Donate to Charity This Year or Wait? It Depends.

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

‘One Big Beautiful Bill’ tax deductions you may be able claim

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 ...