The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...
A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return. Peter is a writer and editor for the CNET How-To team. He has ...
The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules apply to many tax breaks.
The taxation of Social Security benefits was introduced in 1983 as a strategic measure to address the financial challenges facing the Social Security trust fund. This decision was made to ensure the ...