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

The current version of the solar tax credit was introduced as part of former President Joe Biden’s Inflation Reduction Act of ...

The law also has limits. It doesn’t cover all of Amaya’s tips. As a single taxpayer, the deduction limit is $25,000, or ...

In a couple of months, tipped employees will be able to deduct a portion or all of their tips from federal income taxes. Here ...

In some restaurants, tips are already included either on all tables or large parties. The 'no tax on tips' policy will likely ...

Donors have several months to plan their contributions before changes from the One Big Beautiful Bill kick in.

I asked ChatGPT to break down what's actually in President Trump's "One Big Beautiful Bill." Spoiler alert: It's not quite ...

WSJ poll shows Republicans’ challenges in touting the law’s benefits to voters ahead of the midterms.

Capital gains taxes are back in the spotlight. This time, the chatter on Capitol Hill has to do with rising home prices.

Breaking up is hard to do, but it's made much more difficult when real estate is involved. Planning ahead could help you ...

A recent spike in demand for electric vehicles ahead of soon-to-expire federal tax credits has led Connecticut to lower some ...