Taxpayers could be stretched to new limits in 2026 as key but complicated new tax breaks kick into place on 2025 federal ...

Taxpayers could be stretched to new limits in 2026 as complicated new tax breaks kick into place on 2025 federal income tax returns.

Filing your 2025 taxes in 2026? A new law offers major deductions for tip income, overtime pay, car loan interest, and ...

New tax deductions have been enacted for many working Americans and seniors. Here’s what you need to know about the new laws ...

President Donald Trump’s “Big Beautiful Bill,” which he signed into law in July, includes provisions that could impact many ...

This introduced several tax benefits aimed at senior citizens and workers in industries where tipping is customary. The bill ...

While tax season won't start for at least another month, and most taxpayers won't need to file their 2025 tax returns until ...

Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...

There will be no paper returns this tax season. If you need help filing your taxes before April 15th, there’s help available ...

Tax Talk offers some last-minute income tax filing tips. Read these then act quickly as you only have a few business days ...

This week’s Tax Breaks newsletter also looks at fantasy football winnings, car-related tax deductions, stock options, IRS Chief Counsel nod, Taylor Swift tax, tax filing deadlines, and tax trivia.

The new “no tax on tips” and “no tax on overtime” deductions require additional reporting by employers and other payers. However, rather than require more reporting this late in 2025, the IRS is ...