Some deductions remain every year, but others change or disappear and new ones crop up. Learn about the best tax deductions ...

For 2025, these autos have a Section 179 tax deduction limit of $12,200 in the first year they are used. In fact, if the ...

The OBBBA reshaped several baseline assumptions for 2026 planning around state and local tax, above-the-line deductions and ...

Tax rules in 2026 tilt even more heavily toward people who take the standard deduction, thanks to new above the line write ...

The tax bracket income levels for 2026 are increasing by 2.3% and new tax breaks could allow you to keep more take-home pay.

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

There will be no tax on tips and no tax on overtime this tax season. Here's what to know about deductions and who qualifies ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...

Here's when tax season begins and ends, what to know before you file and a list of some new tax breaks that were introduced ...

Got questions about the new deductions for tips, overtime, seniors and car loans? Here’s what you’ve been asking—along with my answers—about those, as well as other updated tax provisions. The One Big ...