Find Out If You Qualify for the New Senior Tax Break

Key Takeaways Between 2025 and 2028, Americans aged 65 and older will receive an additional $6,000 deduction if they itemize ...
NBC DFW

Tax Credits Vs. Tax Deductions: How They Differ, and What to Know Before You File

Tax credits are generally more valuable than tax deductions. There are many types of each: nonrefundable, partially refundable and fully refundable tax credits, and standard vs. itemized deductions, ...
Wall Street Journal

Tax Credit vs. Deduction: What’s the Difference?

Tax credits and deductions both reduce your tax bill, but in different ways Written By Written by Contributor, Buy Side E. Napoletano is a contributor to Buy Side and an expert on student loans, taxes ...
CNET

Tax Day 2025: How Credits and Deductions Are Different and What They Do

Thomas is a native of upstate New York and a graduate of the University at Albany. As a former member of CNET's How To team, he wrote about the intersection of policy, information and technology, and ...
Worcester Business Journal

The tax implications of the One Big Beautiful Bill Act

The One Big Beautiful Bill is the latest tax bill aimed at making cash flows better for businesses and encouraging investment ...
Self Employed on MSN

IRS Raises Tax Brackets For 2026

Tax brackets will shift upward for 2026, meaning more income will be taxed at lower rates before hitting higher tiers. The ...
Kiplinger

Three Popular Tax Breaks Are Gone for Good in 2026

Just when you thought you knew your federal income taxes, here comes a curveball: Key tax breaks are disappearing in 2026. During his first presidency, Donald Trump signed the Tax Cuts and Jobs Act ...
American Farm Bureau Federation

2025 Tax Cliff: Individual Income Provisions

The Dec. 31, 2025, expiration of many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) adds a new task to the 2025 congressional to-do list: updating the tax code. Many TCJA provisions provided ...