For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...

Because these deductions reduce your taxable income, they're the most beneficial for people in the highest tax brackets. A $1 ...

New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed ...

Clear Start Tax Helps Americans Navigate IRS Letters With Clarity and Confidence IRVINE, CA / ACCESS Newswire / June 27, 2025 ...

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

Clear Start Tax clarifies why some states still require Form 1095-A, even though the federal health coverage penalty was ...

Navigating annual tax changes can feel complex sometimes. Understanding them is crucial for informed financial choices to be ...

National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

Living overseas won’t let you off the hook from certain tax obligations, as you’re still required to file a tax return with ...