Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest, and seniors. What ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. NEW YORK (AP) — When tackling your taxes, it ...

Splitero reports homeowners should review tax deductions and credits before filing 2025 returns, including itemizing vs.

For tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their federal return.

TOPEKA, Kan. (WIBW) - It’s a question many people ask themselves this time of year: Should you go with the standard income tax deduction or itemize? Carl Carlson, founder and CEO of Carlson Financial, ...

It's a decision that every taxpayer is faced with when choosing how to claim deductions on their federal tax return: Do you take the standard or do you itemize? Making the right choice could mean more ...

Retirees can claim these 7 tax deductions without itemizing. Learn how above-the-line breaks can lower adjusted gross income ...

If you’re 65 or older, you can benefit from some generous provisions of the tax code. In addition to a larger standard deduction, seniors now qualify for a new bonus deduction that applies from 2025 ...

Medical costs in retirement are rising. Here are four health care tax breaks seniors may still qualify for without itemizing, ...

When retirees file their 2025 tax return by April of 2026, they may get very pleasant news. Many seniors who are 65 and over ...