Buyers of new vehicles assembled in the U.S. could boost their tax refunds by hundreds of dollars through a new tax deduction ...

Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.

A new $6,000 IRS deduction could lower taxable income for retirees this year. Learn who qualifies, how it works, and what ...

A new tax deduction for people over age 65 has some thinking about Medicare premiums and MAGI strategy.

If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.

If you cashed in your CDs early last year, you need to look for this tax form.

This tax season brings major changes that could put extra cash in your pocket, thanks to new deductions. Here is who eligible ...

If you're 65 or older, this could have a huge effect on your taxes this year.

Retirees will see a nice change to their returns this year.

The senior deduction may bring some much needed relief to taxpayers grappling with inflation at the grocery store and increased health care and housing costs.

Financial advisor fees are not tax-deductible now, but there are still tax benefits from working with an advisor.

The IRS and the Treasury released interim guidance on a special depreciation allowance for qualified production property ...