Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest and seniors. What is ...
Taxpayers who purchased a new vehicle in 2025 may qualify for a new deduction on their taxes — even if they're not itemizing.
Splitero reports homeowners should review tax deductions and credits before filing 2025 returns, including itemizing vs.
Medical costs in retirement are rising. Here are four health care tax breaks seniors may still qualify for without itemizing, ...
For tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their federal return.
While the new senior tax deduction is touted as a tax break for Social Security retirees, some beneficiaries won't be able to ...
It's a decision that every taxpayer is faced with when choosing how to claim deductions on their federal tax return: Do you take the standard or do you itemize? Making the right choice could mean more ...
Don’t overlook these new tax deductions and credits that can help put more money in your pocket. CPA and TurboTax expert Miguel Burgos fills us in.
Lori Carpenter with Stadler & Company stopped by the GDL studio to talk to Julie for Tax Tip Tuesday. This week, they talked about changes if you itemize. This includes deductions for ...
You can deduct state and local property taxes from federal income taxes up to a limit. Understand what taxes are eligible and ...