A new tax deduction for many adults 65 and older has plenty of rules and requires new paperwork. What you need to know when filing a 2025 tax return.

Like most things in life, the new senior tax deduction is not all bad or all good. Here's what it looks like from several ...

Miss one and your tax bill could be higher than you bargained for.

How recent Federal tax law changes are reshaping charitable giving strategies—and what you should do before year-end ...

The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big Beautiful Bill Act, taxpayers 65 and older can claim an additional $6,000 without itemizing their ...

While the "One Big Beautiful Bill" signed into law by President Trump on July 4 didn't eliminate taxes on Social Security benefits (a promise Trump made on the campaign trail), it did provide a ...

Lowering your tax burden is one of the smartest money moves you can make, and knowing how to do so is crucial to financial success, whether it's tax season or not. The good news is that there are lots ...

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 ...

Homeowners now have the chance to write off much more of their state and local tax bills, and this could potentially lead to bigger tax refunds. That’s if they play their cards right on the SALT ...