New 2025 tax law changes expand deductions and credits, but confusion could cost taxpayers refunds or delay IRS processing.

President Donald Trump's "big beautiful bill" added the "no tax on overtime" deduction for 2025 returns. Here's how to claim the tax break.

One of the biggest changes hitting tax filers this year is that overtime hours won’t be taxed. Under the newly signed ...

In practice, depreciation does not eliminate tax cost over time. It merely redistributes it. When an asset is eventually disposed of, depreciation recapture comes into play, a mec ...

How boxing scoring works using the 10-Point Must System. Covers judges' criteria, knockdown rules, and how fights are won.

Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than a year ago — thanks to several new changes in the tax rules, including ...

ROCHESTER, N.Y. — Tax season has arrived. This year, there are several new ways that people can deduct money from their New York State and federal taxes because of new laws. The IRS expects that 164 ...

Health insurance can be tax-deductible in certain situations, but most taxpayers don’t qualify. Whether you can deduct premiums depends on how you get your coverage, how you pay for it and whether you ...

Americans can expect smaller tax bills and bigger refunds this year—after they navigate a pile of new rules from last year’s tax law. “Any time people have big life changes or there are law changes, ...

Early-bird tax filers will be happy to know that the Internal Revenue Service will begin accepting and processing 2025 income tax returns on Monday, Jan. 26. Taxpayers are likely to be shocked to ...