Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know ...
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IRS warns Venmo and PayPal users about major tax filing changes ahead of this year’s deadline
The IRS has delayed the $600 reporting threshold for Venmo and PayPal users. For the 2026 tax season, the reporting limit ...
Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?
New 2026 gambling tax limits loss deductions to 90%, raising taxes for bettors. Learn how Congress is responding and what ...
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Are moving expenses tax-deductible? Key rules, loopholes and what counts
Federal tax rules on relocation flipped in the last decade, and many people are still planning moves as if the old write offs ...
Taxpayers and businesses are encouraged to review IRS instructions and updates closely as new rules take effect.
The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big Beautiful Bill Act, taxpayers 65 and older can claim an additional $6,000 without itemizing their ...
I have a self-employed childminder client who has highlighted that according to various sources such as https://www.childcare.co.uk/news/further-updates-childminders-mtd , the 10% wear and tear ...
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