New deductions for seniors, tipped workers and overtime, plus a tax hit on gamblers, have generated confusion, misinformation and outrage. Misinformation about the One Big Beautiful Bill Act (OBBBA) ...

The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...

Self-employed individuals have their own unique opportunities at tax time. Here are some of the most generous tax deductions available to the self-employed.

The standard deduction is rising in 2026 by $350, or $700 for couples. The tax brackets are changing slightly as well. Assuming the same income, your tax bill could go down slightly for 2026. The ...

The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...

Tax season feels different when you’re retired. You’re not chasing W-2s from multiple employers or worrying about 401(k) plan contribution limits anymore. But that doesn’t mean you’re done looking for ...

On July 4, 2025, President Trump signed into law the 2025 Budget Reconciliation bill, commonly known as the One Big Beautiful Bill Act (“Act”). This legislation extends several provisions from the Tax ...