The IRS raised the senior tax deduction for 2025. Here’s who qualifies, how much you can claim, and what retirees should know before filing.

A new tax deduction for many adults 65 and older has plenty of rules and requires new paperwork. What you need to know when ...

The IRS processed more than 20 million tax returns so far during the 2026 tax season according to the service's most recent published statistics, and if you're among the millions of people whom filed ...

Filed your 2025 income tax returns? Then you're likely looking for your tax refund. The IRS processed more than 20 million tax returns so far during the 2026 tax season according to the service's most ...

A new tax form, Schedule 1-A, introduces four new deductions for the 2025 tax year. All four write-offs are "below-the-line" deductions, which reduce taxable income but not adjusted gross income. Each ...

The Internal Revenue Service improperly disclosed the confidential taxpayer information of thousands of people with the Department of Homeland Security as part of the agencies' controversial agreement ...

State income taxes often reflect federal policies, but Washington, D.C. and some states have taken steps to keep the latest Republican changes out of their tax codes. By Andrew Duehren Reporting from ...

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. Oscar Wong / Getty Images To avoid ...

The Ohio Department of Taxation recently announced a “major realignment” of the state’s property reappraisal schedule. Ohio law requires all counties to conduct property tax reappraisals on a set ...

The head of the IRS yesterday announced leadership and operational changes aimed at strengthening taxpayer service and updating the agency. Americans will be able to start filing 2026 taxes on January ...

President Donald Trump's recent executive order urging the Department of Justice to reschedule cannabis to Schedule 3 is being hailed as the "most consequential federal cannabis policy shift" in over ...

Taxes are due this year on April 15. The IRS will begin accepting tax returns on Jan. 26. Filing early could mean getting your refund sooner and avoiding fraud. There are a few benefits to getting ...