Thousands of dollars in tips and overtime will now be deductible on tax returns, saving some residents on their returns.

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.

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

The One Big Beautiful Bill brought several changes to personal income taxes. Learn what you need to know for the upcoming tax season.

There's a higher SALT cap of $40,000 on property taxes, a higher child tax credit, new deductions for elderly residents, no ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

A total of 17 senators wrote a letter to Scott Bessent asking for the IRS to hire more staff before the filing season. They ...

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.