There's a higher SALT cap of $40,000 on property taxes, a higher child tax credit, new deductions for elderly residents, no ...

With tax season still months away, experts say now is the time to start preparing as recent tax law changes may impact ...

As people age, they often have more leisure time and freedom. Many consider going abroad to shake things up, but it doesn't ...

Social Security represents a major source of monthly income for many citizens, especially retirees. The "new" deduction will ...

Heading into the new year, Senate Democrats are raising concerns about the Internal Revenue Service's ability to handle the ...

QUINCY (WGEM) - The Senior Citizens Real Estate Tax Deferral Program has been expanded by Illinois Gov. J.B. Pritzker. This ...

Retirees may overlook valuable tax deductions that could lower their IRS bill. Learn eight commonly missed write-offs, ...

CHICAGO (WLS) -- A new law is expanding property tax relief for senior homeowners. The tax deferral program increases income ...

The Income Tax Department has recently introduced a new feature on its official portal that allows taxpayers to file ...

The One Big Beautiful Bill Act became law less than six months ago, but several major changes to the tax code have already taken effect.

Genesis HealthCare, once the nation’s largest nursing home chain, filed for Chapter 11 reorganization bankruptcy in July.

Benefits recipients could save $6,000 in federal taxes on their monthly payments. Here’s who is eligible to claim the ...