CNBC’s Sharon Epperson explains the standard deduction for 2025 tax returns. For more Tax Tips, go to cnbc.com/money101 to ...

The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

Seniors could keep more money with new tax break phasing in for 2025 returns. The extra deduction helps lower- and ...

It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful ...

The latest changes come after the passage of the One, Big, Beautiful Bill Act (OBBB), which was signed into law on July 4, ...

For some retirees, the change could eliminate federal income taxes entirely, although many were already exempt from Social ...

Here's what to know about a tax credit vs. deduction, including how each works and how they can reduce your tax bill and ...