Gov. Kathy Hochul said she would include the measure, which affects tips earned in the 2026 tax year, in her fiscal year 2027 ...

Millions of retirees are about to get a rare piece of good news from the tax code. A new federal deduction worth up to $6,000 ...

You don't need to itemize to save on taxes in 2026. These 13 overlooked deductions and adjustments can lower your taxable income and reduce what you owe.

New tax deductions have been enacted for many working Americans and seniors. Here’s what you need to know about the new laws ...

Social Security numbers (SSNs) must be shown on the return for each child for whom the credit is being claimed, but also, new ...

The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...

New tax brackets, higher standard deductions and expanded credits are now in effect — changes that could boost paychecks and ...

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

An above-the-line deduction for charitable giving is in available for non-itemizers in the 2026 tax year and beyond.

Only deductible W-2 wages are included in calculating a taxpayer’s Sec. 199A qualified business income deduction.

In 2026, some retirees will owe taxes on their Social Security benefits. This is true despite the fact that President Donald ...

Beginning January 1, the state will implement a 100% tax deduction on Social Security benefits regardless of income level.