Your tax return could trigger an IRS audit if you're missing key tax forms, experts say. Here's a checklist of forms and when ...
The budget bill passed in July adds a new deduction for seniors that could eliminate taxes on social security for some.
The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced deduction for seniors.
New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes could lower your tax bill.
The IRS recently released a draft version of Form 8825 and its instructions, revealing a few changes to what’s required. One ...
The IRS continues to roll out drafts of some 2026 tax forms, including a draft of Form W-9, Request for Taxpayer Identification Number and Certification. Here’s a look at what’s new—and why it matters ...