OBBBA has introduced a ‘Seniors Deduction’ for retirees over 65, of up to $6,000 for individuals ($12,000 for couples), in 2026 tax filings.

Taxpayers should prepare for major tax-policy shifts this year. Forbes’ expert contributors explain how — and when — key rule ...

The 2026 tax filing season is underway, and major changes approved by Congress last year could mean larger refunds for many Americans, according to consumer expert Herb Weisbaum, contributing editor ...

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

Every year, as you file your federal income tax return, you have an important decision to make: itemize, or take the standard ...

CNBC’s Sharon Epperson explains the standard deduction for 2025 tax returns. For more Tax Tips, go to cnbc.com/money101 to ...

The standard deduction and SALT cap are both higher and there are new perks for seniors, those who financed new cars and ...

A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the ...

It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful ...