The overtime deduction is temporary – it only applies for the 2025 to 2028 tax years.

When tax season rolls around, deductions and credits can make a real difference in how much you owe -- or how much you get ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

Some deductions remain every year, but others change or disappear and new ones crop up. Learn about the best tax deductions ...

For Americans 65 and older, the 2025 and 2026 tax years are unusually generous. A new senior-focused deduction stacks on top ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...

Farm Business Farm Management experts recommend keeping track of mileage and allocating personal vs. business utility usage, ...

Discover some top 2026 tax strategies. These income timing, retirement planning and smart investing moves could help cut ...

The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know ...

The SALT deduction is only available to taxpayers who itemize their deductions rather than claiming the widely used standard deduction The decision on whether to take the standard deduction or itemize ...

Feel like you're starting the new year with slimmed down work benefits? You may be right. Changes in some business tax laws ...

Since the 2017 tax reform, fewer donors are able to claim deductions for their gifts. But with the right strategies, you may be able to turn your generosity into tax savings this year—before new ...