Consider more than a dozen different deductions that can fatten your bottom line. Opinions expressed by Entrepreneur ...

The One Big Beautiful Bill Act has supersized the standard deduction for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim up to $6,000 in addition to the ...

Turning 65 doesn't just mark a milestone in life, it can also unlock valuable tax savings. The IRS grants seniors an extra standard deduction. This deduction can lower taxable income by thousands of ...

Taxpayers are set for a "record tax refund season" in 2026 due to retroactive tax cuts and unadjusted 2025 IRS withholding ...

The tax bill approved by Senate Republicans on Tuesday includes a proposed $6,000 deduction for seniors, the legislative version of President Donald Trump’s 2024 campaign pledge to end taxes on Social ...

When the so-called One Big Beautiful Bill Act was signed into law in July, it set the table for late-year tax discussions with clients. And one of the things that will likely be high on your agenda is ...

Tax season officially begins Monday when the Internal Revenue Service (IRS) will begin accepting returns for the 2024 tax year, but taxpayers should be aware of deductions and credits that could be ...

Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.

Tax season is approaching. Tax breaks that were extended as part of President Trump's "One Big Beautiful Bill" will mainly ...

Your 2026 paycheck may be about to get a boost: New and increased tax breaks from the 2025 Trump/GOP spending bill could allow millions of workers to increase their monthly take-home pay next year.

The Section 179D energy efficiency deduction, a key incentive for commercial building upgrades, is set to expire in June 2026, prompting a surge in last-minute projects and ...