If you’re retired and filing taxes, these tax credits and deductions could provide thousands in relief (if you qualify).

Claiming dependents is one of the best ways to reduce taxable income. Parents can even claim their adult children if they meet IRS requirements. Read Now: IRS Updates Earned Income Tax Credit for 2025 ...

With just a few days left to file your taxes, make sure you know how to claim the dependent care credit. Thomas is a native of upstate New York and a graduate of the University at Albany. As a former ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

Kemberley Washington is a former staff writer at Forbes Advisor and provides consumer-friendly tax tips for individuals and businesses. Her work goes beyond tax articles. She has been instrumental in ...

If you took out an educational loan for yourself, your spouse or your dependent, you may be able to deduct the interest you paid on your taxes. The amount you can deduct depends on your modified ...

When campaigning for president, Donald Trump pledged that he would eliminate taxes on Social Security. The White House has declared victory on this issue, with a press release in ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...