Seniors 65 and older can claim a new federal tax deduction up to $6,000 for 2025, but it's not automatic. Learn how to get ...

As tax season is in full swing, Hawaiʻi's taxpayers should be looking for ways to maximize their tax refunds so they can get as much money back as possible.

Tax season is underway and you have until April 15 to file your return with the IRS. For many, especially first-time filers, ...

Dear Savvy Senior, What are the IRS income tax filing requirements for retirees this tax season? I didn’t file a tax return last year because my income was below the filing threshold, but I got a part ...

Form 4547, which allows taxpayers to elect the new Trump accounts, was clearly numbered with purpose. But when it comes to 1040s, W-2s, 1099s, and other familiar forms, the explanation is far less ...

Owning a home is expensive, but it comes with one of the most valuable tax breaks available: the home mortgage interest deduction. This rule lets homeowners deduct the interest they pay on their home ...

As the IRS moves toward digital-only payments under a Trump-era executive order, taxpayers should expect changes in how refunds are issued and payments are made. Here’s what’s changing. The IRS is ...

As you sort through your taxes before filing this year, don’t forget that you could be eligible for certain credits and deductions. And note that there are some new breaks you might qualify for, too.

The 2026 tax filing season starts on Jan. 26, which marks the first day the IRS will accept and process individual tax returns for 2025. Most taxpayers must file federal returns and pay taxes owed by ...

President Donald Trump says his administration is weighing a plan that would reschedule marijuana from a Schedule I drug to Schedule III. It's a shift that would formally recognize cannabis as having ...

Buying mortgage points can help you save on interest over the life of your loan, but Internal Revenue Service rules are strict about when and how you can deduct them. Understanding property type, loan ...