You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...

Confused about tax relief? Learn what tax relief means, how IRS programs work and what options may help reduce or manage your tax bill.

Tax cuts promise growth—but do they drive corporate investment? This article explains how 2025 tax changes add complexity and ...

For those trying to anticipate what's different, here are tax changes that could affect you this year and might even retroactively affect your 2025 taxes.

Tax avoidance strategies aren’t solely for the rich — plenty of tax deductions and credits are available for middle- and low-income taxpayers to seize too.

Two types of tax breaks stand out among all the lingo: credits and deductions. Each lowers your tax liability, which is the total annual tax owed on your income. (That figure can be found on line 24 ...

The IRS recently released the inflation-adjusted tax brackets for the 2026 tax year. The updated standard deduction was announced as well. With all other factors being equal, some high earners could ...

A tax and spending package passed Thursday by House Republicans funnels the bulk of its financial benefits to wealthy households, according to economists and tax experts. The rich benefit via a slew ...

The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...

Forbes contributors publish independent expert analyses and insights. Mike Patton covers the financial markets, economy, and national debt. On Dec. 22, 2017, President Donald Trump signed into law the ...

Learn how comprehensive tax allocation reconciles tax and financial reporting, uncovering discrepancies in income, expenses, ...

For company founders and shareholders with an exit on the horizon, this isn’t a myth — a move for tax reasons can make a lot of financial sense. In tech hubs like the Bay Area and New York City, the ...