Turning 65 doesn't just mark a milestone in life, it can also unlock valuable tax savings. The IRS grants seniors an extra ...

In this week's Ask the Editor Q&A, Joy Taylor answers questions on the new tax deduction for paying interest on vehicle loans ...

For the 2025 tax year, the maximum refund available through the EITC reaches $8,046, offering a huge financial leg up to ...

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the meaning of modified adjusted gross income, or MAGI.

Summary: For the 2025 tax year, U.S. taxpayers must file Form 1040 or Form 1040-SR by April 15, 2026, with an optional automatic six-month extension via Form 4868. Filing requirements vary by age, ...

IRS Announces These Changes For 2025 Filing Season As the 2025 tax filing season progresses, the Internal Revenue Service (IRS) has outlined key updates taxpayers need to know when preparing their ...

The 1040 tax form is the form taxpayers use for filing federal taxes. It’s also a form that plenty of people have trouble filling out or understanding. In fact, back in 2018, Form 1040 received an ...