Tax Breaks
Latest
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Standard Deduction 2025 Quiz: How Much Do You Really Know?
Quiz Test your knowledge of IRS rules that impact how much money you keep in your wallet.
By Kelley R. Taylor Last updated
Quiz -
How Charitable Donations Can Reduce Your Taxes
Tax Breaks Is claiming a charitable donation tax deduction the right choice for you this tax season?
By Rocky Mengle Last updated
Tax Breaks -
States With the Lowest Property Tax in 2025
Property Taxes Homeowners in these states received some of the lowest property tax bills in the U.S. How does yours compare?
By Gabriella Cruz-Martínez Last updated
Property Taxes -
New Bill Would End Taxes on Social Security Benefits in 2026: What Retirees Should Know
Tax Law Congress could look to high earners to help offset lost revenue and possibly shore up the Social Security program.
By Kelley R. Taylor Last updated
Tax Law -
Which Generation Pays the Most Taxes in the US?
Tax Burden Polls show that most people feel like taxes are unfair. But which age group bears the brunt of the tax burden in the United States?
By Kelley R. Taylor Last updated
Tax Burden -
Claiming the Standard Deduction? Here Are 10 Tax Breaks For Middle-Class Families in 2025
Tax Breaks Working middle-income Americans won’t need to itemize to claim these tax deductions and credits — if you qualify.
By Kate Schubel Last updated
Tax Breaks -
New $6,000 'Senior Bonus' Deduction: What It Means for Taxpayers Age 65-Plus
Tax Changes If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.
By Kelley R. Taylor Published
Tax Changes -
Over Age 65? New $6,000 'Senior Bonus' Deduction Is Available Even If You Itemize
Tax Changes If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.
By Kelley R. Taylor Last updated
Tax Changes -
How the EV Tax Credit Works for 2025: Yes, It's Ending Soon
Tax Credits The EV federal tax credit of up to $7,500 can be complicated. Here's what you should know.
By Kelley R. Taylor Last updated
Tax Credits