Surprising Facts about American Taxes & Taxpayers Knowing a few facts and trivia about American taxes can help take the edge ...

They may sound similar, but it’s critical to understand the difference between gross income and taxable income. While gross income encompasses all the money you earn from various sources throughout ...

Many Baby Boomers miss valuable tax deductions each year. Learn eight often-forgotten breaks, including a new $6,000 senior ...

New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.

When it comes to their federal income tax returns, tens of millions of U.S. households pay for tax preparation and filing.

New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes could lower your tax bill.

Learn how working after claiming Social Security can increase taxes, trigger Medicare IRMAA surcharges, and affect retirement income planning.

When it comes to your finances, understanding the various components that make up your taxable income is crucial. Adjusted gross income (AGI) is a key element of that equation. It’s essentially your ...

Dividend investing has an obvious appeal for retirees as you build a portfolio of income-producing stocks, collect regular payments, and never have to sell shares to fund your lifestyle. This means ...

Americans are getting bigger-than-usual tax refunds this year. Treasury Secretary Scott Bessent has been talking up this windfall for months, saying that it will help spark “a non-inflationary boom.” ...

Once you turn 50, and especially after age 65, you may qualify for extra tax benefits. People 65 and older get a higher standard deduction and have higher income thresholds before they have to file ...