The massive tax law includes a hefty new tax break for people aged 65 or older: A new deduction worth up to $6,000, or $12,000 if married. But there are income limits.

Whether you're a salaried employee, freelancer, or small business owner, the right card can streamline your expenses, unlock ...

Texas should institute a state income tax. So should Florida and Tennessee, along with all U.S. states that presently don’t ...

Many people have at least one above-the-line deduction that fits them. Many of these above-the-line deductions are calculated using the Schedule 1 worksheet — Additional Income and Adjustments to ...

Freelancing can be notoriously difficult, but a new tax break might make things easier— that is, if you’re already wildly ...

President Trump's new tax legislation offers deductions for tips and overtime, but it may increase federal deficits and affect health insurance coverage.

The newly passed Big Beautiful Bill drives changes to individual benefits related to energy efficiency, including the repeal ...

After bitter debate, U.S. Republicans gave in to President Donald Trump and pushed his signature reform package through ...