Tax credits and tax deductions both decrease what you owe the IRS, but in different ways. Here's the difference, and how you ...

Using a tax prep checklist can help reduce your tax-time stress. Here's a roundup of the documents and information you'll need to file your tax return this year.

One of the more touted provisions of the President Donald Trump’s “Big Beautiful” tax and spending bill, which was signed into law this summer, was a new deduction that reduces taxes on overtime wages ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year. But which workers will qualify for the new deductions ...

Charitable tax deductions are about to see the biggest changes in nearly a decade in 2026 thanks to President Donald Trump ’s ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

The most significant tax overhaul since 2017 creates unprecedented opportunities—but only for those who act before December 31, 2025.

The One Big Beautiful Bill (OBBB) has been making the rounds in the news, and one part in particular has caught retirees' attention — so‑called "tax‑free Social Security." Before you plan how to spend ...