See how the SALT deduction can cut your tax bill. Learn which state and local taxes you can deduct, how the SALT cap applies, ...

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 different directions.

New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes ...

LOUISVILLE, Ky. (WAVE) - Many are already planning for the holidays, but are you planning for one of the most important times of the year? The end of the year is when you learn what has changed ...

As part of the One, Big, Beautiful Bill Act, taxpayers are entitled to a tax deduction on “qualified overtime” and “qualified tips” received during tax years 2025 through 2028. The following is a ...

Tax deductions get most of the attention during tax season. While they can reduce your taxable income in a given year, certain tax strategies can have a much bigger long-term impact on your finances.

The new $25,000 tip tax deduction applies from 2025 through 2028. File IRS Schedule 1-A to claim it. Only voluntary tips qualify. Income limits apply. Phaseout starts at $150,000 single and $300,000 ...

Millions of Americans are receiving larger tax refunds in 2026, and early data from the Internal Revenue Service suggests new tax provisions are already increasing payouts, as offi ...

(WSPA) – The Treasury Secretary has said many Americans will see a very large refund this tax season and tax experts we spoke with don’t disagree. 7NEWS Here to Help breaks down how the new tax rules ...

ChatGPT says that if you have a high-deductible health plan, a health savings account (HSA) can be one of your “most powerful tax breaks.” It’s a bold claim. However, the AI backs it up with a few ...

Teachers can benefit from the educator expense deduction, allowing up to $250 off taxable income for specific expenses. Learn about the deduction’s benefits and rules.

Self-employed or freelance and owe taxes? Learn which IRS tax relief options may help, including payment plans, penalty relief and Offer in Compromise.