CNBC’s Sharon Epperson explains the standard deduction for 2025 tax returns. For more Tax Tips, go to cnbc.com/money101 to ...

As a taxpayer, you pay tax as a percentage of your income in layers called tax brackets, according to the IRS.

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

Seniors could keep more money with new tax break phasing in for 2025 returns. The extra deduction helps lower- and ...

It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.

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

The One Big Beautiful Bill has changes in it that will impact tax rules in South Carolina. Here’s what to know before you ...

The Internal Revenue Service anticipates receiving some 164 million individual income tax returns as Americans digest the ...