Tax filing season 2026 has officially kicked off, and with it, a number of new policy changes affecting the way taxes are handled. One major provision filers should know about is the a new “No Tax on ...

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who ...

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

The new year will bring a host of tax benefits that Americans can take advantage of when filing their taxes in a few weeks. The IRS released its guidance for the "no tax on tips" and "no tax on ...

The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big Beautiful Bill Act, taxpayers 65 and older can claim an additional $6,000 without itemizing their ...

The threshold for receiving a 1099-K is higher — but that doesn't mean you're off the hook if you don't get one.