OBBBA has introduced a ‘Seniors Deduction’ for retirees over 65, of up to $6,000 for individuals ($12,000 for couples), in 2026 tax filings.
When tax season rolls around, deductions and credits can make a real difference in how much you owe -- or how much you get ...
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Home office tax deduction explained: When you can write off home office expenses
The home office tax deduction is a tax break that some self-employed people who work from home can take advantage of. Here's what you'll need to know: ...
Discover some top 2026 tax strategies. These income timing, retirement planning and smart investing moves could help cut ...
If you purchased a new car after Dec. 31, 2024, you can now deduct the interest you paid on the auto loan when you file your taxes.
For some retirees, the change could eliminate federal income taxes entirely, although many were already exempt from Social ...
Comprehensive guide to U.S. itemized deductions for 2026, covering Schedule A, SALT limits, medical expenses, interest, charity, and 1040-NR ...
(WSPA) – The Treasury Secretary has said many Americans will see a very large refund this tax season and tax experts we spoke with don’t disagree. 7NEWS Here to Help breaks down how the new tax rules ...
A new federal law enacted last year provides a tax benefit to employees who receive overtime pay – but calling it a “No Tax on Overtime” law is a ...
Standard Deduction EXPLAINED: When it comes to understanding your income tax liability in India, one simple and often ...
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