$6,000 senior tax deduction for federal returns has plenty of rules

A new tax deduction for many adults 65 and older has plenty of rules and requires new paperwork. What you need to know when ...
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IRS publishes filing instructions for ‘no tax on tips’ and other new tax breaks

A for tax year 2025 tied to the “One, Big, Beautiful Bill,” offering deductions for tips, overtime pay, car loan inte ...

IRS updates capital gains tax thresholds for 2026: Here’s what’s new

The IRS has increased the capital gains tax income thresholds for 2026. You'll need this information to help minimize your tax burden.

Florida Seniors 65+ can get a new $6,000 tax break for 2025, but it's not automatic

Seniors 65 and older can claim a new federal tax deduction up to $6,000 for 2025, but it's not automatic. Learn how to get this tax break and avoid missing out.

Tax Rates for Qualified vs. Ordinary Dividends Explained

Discover how the U.S. tax system distinguishes between qualified and ordinary dividends, impacting how much tax you'll pay on ...