A significant tax change for older adult taxpayers this filing season comes in the form of a new benefit known as the “senior bonus deduction.” Tucked into President Donald Trump’s 2025 tax bill, this ...

The new year will bring a host of tax benefits that Americans can take advantage of when filing their taxes in a few weeks. The IRS released its guidance for the "no tax on tips" and "no tax on ...

Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only modest savings. By Adam Sella Reporting from Washington As President Trump ...

Homeowners now have the chance to write off much more of their state and local tax bills, and this could potentially lead to bigger tax refunds. That’s if they play their cards right on the SALT ...

Some Pitt County school board members want to consider charging the state’s largest association of professional educators a processing fee for payroll deductions. District 9 representative Benjie ...

Many Americans are likely to see massive changes to their taxes in 2026, especially seniors. That’s largely due to President Donald Trump’s so-called big, beautiful bill, a massive 940-page bill ...

Tax season is stressful enough without wondering whether a single deduction will draw scrutiny from the IRS. The reality? Just 0.36% of individual returns were audited in 2023, according to IRS data — ...

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Christine Benz: Hi, I’m Christine Benz for Morningstar. People who are 65 and older may be able to take advantage of a new senior deduction starting in 2025. Joining me to discuss what you need to ...

Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...