Thanks to the One Big Beautiful Bill Act (OBBBA), some seniors could be getting a $6,000 tax deduction in the new year, ...

New tax deductions have been enacted for many working Americans and seniors. Here’s what you need to know about the new laws ...

Taxpayers could be stretched to new limits in 2026 as complicated new tax breaks kick into place on 2025 federal income tax returns.

Taxpayers could be stretched to new limits in 2026 as key but complicated new tax breaks kick into place on 2025 federal ...

Given that inflation is "officially" hovering around 3 percent per year, a 2.8 percent boost in cost-of-living adjustment (COLA) for 2026 is good news. This follows a 2.5 percent increase in 2025. The ...

Millions of retirees are about to get a rare piece of good news from the tax code. A new federal deduction worth up to $6,000 ...

Social Security numbers (SSNs) must be shown on the return for each child for whom the credit is being claimed, but also, new ...

Children aged 5 years old who were receiving kindergarten tuition fee and daycare cost reduction benefits will now include ...

President Donald Trump’s “Big Beautiful Bill,” which he signed into law in July, includes provisions that could impact many ...

In 2026, some retirees will owe taxes on their Social Security benefits. This is true despite the fact that President Donald ...

SPRINGFIELD, MA (WGGB/WSHM) - If you’re over 65 or work for tips, listen up. Tax experts say you could get thousands more ...