Laura MacDonald explores philanthropy as founder of Benefactor Group, author of The Endowment Handbook, and past chair of Giving USA. The new tax law adopted on July 4, 2025, will have a significant ...

Seniors get a generous new tax deduction, but there's only a limited time to claim it.

CINCINNATI (WKRC) - As tax season approaches, several changes to the federal tax code could affect refunds, deductions, and how taxpayers pay the Internal Revenue Service, according to tax experts.

Higher income taxpayers – those with modified adjusted gross income exceeding $500,000, or $250,000 for those married filing separately – won’t be able to take full advantage of the $40,000 deduction.

Add Yahoo as a preferred source to see more of our stories on Google. Tax season has begun, and many people can look forward to a bigger tax refund this year because of some new changes. Thunder ...

The One Big Beautiful Bill Act was signed into law in July 2025. The Republican tax bill includes new deductions for seniors, car loan interest, tipped income and overtime pay. Provisions of the Tax ...

Tax season is officially underway, and several changes to the federal tax code could affect how much money some taxpayers get back — or owe — when they file. The updates are part of President Trump’s ...

WASHINGTON — Now pushed to Wednesday, the House is voting on a disapproval resolution that would undo DC's tax code that was set to take effect this month. If it passes, some analysts predict the ...

The IRS has released new 2026 tax brackets and a higher standard deduction. See the updated income thresholds and how your take-home pay may change this year.