To bring you up to speed on how this new tax break works, here are 10 things you need to know about the Senior Deduction.

The deadline for filing your taxes is fast approaching. The good news is that, for many seniors, a big tax refund will be on ...

Seniors could get a bigger tax deduction this year, but the rules matter. Here's what to know before filing.

A new tax deduction allows buyers to claim up to $10,000 a year on interest paid for new, American-made cars. The deduction applies to qualifying vehicles purchased between Jan. 1, 2025, and Dec. 31, ...

For tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their federal return.

This new tax break for those age 65 and older creates a limited window of relief in retirement. Here’s how much it could save ...

Taxpayers who purchased a new vehicle in 2025 may qualify for a new deduction on their taxes — even if they're not itemizing. But not everyone is eligible.

While above-the-line adjustments are available to those who itemize and those who take standard deduction, there are possible ...

Fifth Third reports that the new One Big Beautiful Bill Act reinstates 100% bonus depreciation for equipment, enhancing tax ...

Financial advisor fees are not tax-deductible now, but there are still tax benefits from working with an advisor.

Robert Goulder and Joseph Thorndike of Tax Notes trace the origins of the state and local tax deduction from its early role ...