The IRS will begin accepting 2025 tax returns on Monday, Jan. 26, 2026, the agency announced. Taxpayers have until Wednesday, ...

A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify and claim the deduction when they file their taxes this year.

As Treasury Secretary Scott Bessent announced last year, taxpayers will receive “very large refunds,” in his own words, ...

Missouri taxpayers will see several changes this season. Tips and overtime pay are no longer taxed, and seniors 65 and older can claim an extra deduction. Stacey Engle with the IRS says starting this ...

The Internal Revenue Service (IRS) has made a significant move to benefit seniors by adjusting the standard deduction for 2026. This annual adjustment, driven by inflation, aims to reduce the taxable ...

Social Security recipients will see a 2.8 percent boost in cost-of-living adjustment (COLA) for 2026, raising the average ...

Retirees often leave money on the table at tax time. Discover 12 overlooked tax deductions that could lower your tax bill and ...

For retirees over age 65, it's more important than ever to take full advantage of every available tax break. That's especially true if you're on a fixed income. After all, some retirees have to ...

Benjamin Franklin famously quipped that there’s nothing certain in life other than death and taxes. Any changes to the latter pique the interest of most Americans. As it does annually, the IRS ...