Many taxpayers do not see the full benefit of new tax deductions for seniors, tips, overtime, and car loan interest due to tough income phaseouts.

The 2026 tax season started a week ago, on Jan. 26. There are a lot of changes taxpayers should know about before filing their 2025 taxes, changes that could save you money. While the impact — or how ...

Reaching your 80s doesn't automatically mean saying goodbye to income taxes. Many retirees live on fixed incomes and may owe little or nothing to the IRS. However, others with pensions, investment ...

The IRS has published filing instructions for taxpayers to claim no tax on tips, overtime, and other deductions. The One, Big, Beautiful Bill Act (OBBBA), includes provisions for no tax on tips and ...

A new senior bonus deduction for taxpayers aged 65 and older begins with the 2025 tax year. Seniors continue to benefit from a higher standard deduction than younger taxpayers. The combination of new ...

If you have overtime in 2025, your taxes might look a little different this year. With the signing of President Donald Trump's “One Big Beautiful Bill” on July 4, 2025, several tax changes are going ...

The IRS has released a new Schedule 1-A for tax year 2025 tied to the “One, Big, Beautiful Bill,” offering deductions for tips, overtime pay, car loan interest, and seniors. Eligible workers can ...

Roxborough, PA — Local seniors and community members are invited to attend a free, informative seminar, “Tax Tips for Seniors: Make This TaxSeason Stress-Free,” on Tuesday, January 6, 2026, from 3 p.m ...

SAN FRANCISCO (KGO) -- The sweeping tax bill passed by Congress last year gives big tax breaks to millions of Americans... at least, potentially. As taxpayers file returns by the April 15, 2026 ...