Tax Breaks
Latest
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The Extra Standard Deduction for People Age 65 and Older: How Much Can You Save?Tax Deductions The extra standard deduction can help older adults reduce their taxable income.
By Kelley R. Taylor
Tax Deductions -
New York STAR Tax Relief Checks Being Sent Now: Who Gets $350 to $1,500Tax Relief Check your eligibility for average property tax savings ranging from $350 to $1,500 this year.
By Kate Schubel
Tax Relief -
Florida Voters to Decide on $250,000 Property Tax Exemption This FallYour Home The proposed exemption is designed to lower annual tax bills for primary residences, but critics warn cities could hike local service fees to offset revenue losses.
By Chrissy Paradis
Your Home -
Tax Benefits of Hiring Your Kids Plus IRS Rules to FollowTax Breaks Hiring your child can potentially lower your tax bill and help kids develop skills, but there are some rules you need to know — and follow.
By Kelley R. Taylor
Tax Breaks -
New Poll Shows People Hate Data Centers: Billions in Tax Exemptions Are One Reason WhyTax Policy Data centers in Virginia and other states are sparking backlash about how AI, cloud computing, and investment affect local communities.
By Kelley R. Taylor
Tax Policy -
IRS Reveals New 2026 Child Tax Credit and other Family Credit AmountsTax Credits Key family tax breaks are higher for 2026, including the Earned Income Tax Credit and the Adoption Credit. Here's what they're worth.
By Kate Schubel
Tax Credits -
Giving Money for a Wedding or Graduation? See if You Know These IRS Gift Tax RulesQuiz Can you separate fact from fiction when it comes to IRS rules about how much you can gift tax-free? Take our quiz.
By Kelley R. Taylor
Quiz -
New York 'POWER' Utility Rebates Are Coming: Who Gets a Check?State Tax Rebate checks offer quick relief, but New York budget shifts on childcare, tipped wages, and housing taxes could dictate your true cost of living in 2026.
By Kate Schubel
State Tax -
Could the New $6,000 Senior Bonus Tax Deduction Hurt Social Security?Tax Policy Analysis shows that a new tax break designed to help older adults could weaken what is now a key safety net for millions of retirees.
By Kelley R. Taylor
Tax Policy
