If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.

Older taxpayers now have access to some of the most generous standard deduction rules on record, and the stakes are high for ...

Social Security numbers (SSNs) must be shown on the return for each child for whom the credit is being claimed, but also, new ...

Each spring, millions of taxpayers face a deceptively simple question — take the standard deduction or itemize? For those not versed in the lingo of taxes, the distinction can be confusing. But ...