Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest, and seniors. What ...

A new tax break on overtime pay will save money for many workers. But the savings are less than you'd expect based on what ...

If your taxable income is too low, you may not benefit from the new $6,000 tax deduction.

Don’t overlook these new tax deductions and credits that can help put more money in your pocket. CPA and TurboTax expert ...

When retirees file their 2025 tax return by April of 2026, they may get very pleasant news. Many seniors who are 65 and over ...

Home improvements can make your home more comfortable, raise its value and lower energy costs over time. Some projects may ...

Taxpayers who purchased a new vehicle in 2025 may qualify for a new deduction on their taxes — even if they're not itemizing.

Retirees can claim these 7 tax deductions without itemizing. Learn how above-the-line breaks can lower adjusted gross income ...

A new 'senior bonus' deduction could save you thousands on your 2025 taxes. Find out if you qualify for the $6,000 deduction ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. When President Trump signed the One Big, Beautiful Bill Act (OBBBA) into law ...

Learn how to calculate the 'No Tax on Overtime' deduction for 2026. President Trump's new tax break could save workers ...