Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

The "big beautiful" tax law lets older American couples potentially take up to $12,000 per year off their taxable income for ...

A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the ...

Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?

A new federal tax deduction for Americans 65 and older might make a difference that actually matters. Here's what we know.

Seniors could keep more money with new tax break phasing in for 2025 returns. The extra deduction helps lower- and ...

For 2025, these autos have a Section 179 tax deduction limit of $12,200 in the first year they are used. In fact, if the ...

Add Yahoo as a preferred source to see more of our stories on Google. Senior citizens who are also homeowners have to worry about property taxes in most states — but not all! But the reality is more ...

Many provisions of the 2017 tax law are set to expire at the end of 2025. Advocates are already attempting to convince Congress to extend or make permanent key provisions, even as concerns about the ...

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...

In proposed regulations for the car loan interest deduction, the IRS addresses issues for taxpayers and lenders, including eligibility criteria for the deduction and information-reporting requirements ...

The massive new tax law temporarily boosts the maximum amount you can claim under the state and local taxes (SALT) deduction to $40,000, from $10,000, starting in 2025. (For those who are married ...