The new federal tax deduction could dramatically reduce your tax bill this year. But it's not exactly tax-free. We break down the critical rules and qualifications.

A new tax deduction for many adults 65 and older has plenty of rules and requires new paperwork. What you need to know when ...

It does make sense to file early, but one caution that I would have is a lot of this stuff is very new and it's very updating ...

Lower-income taxpayers will be able to deduct contributions for the first time, but there are new limits on higher-income ...

Federal tax rules on relocation flipped in the last decade, and many people are still planning moves as if the old write offs were intact. Today, the core question is not just whether moving expenses ...

PORTLAND, Maine (WMTW) - Tax season is underway and several changes to the federal tax code could mean bigger refund checks for many, especially service industry workers who earn tips. “They’re going ...

The IRS outlines evolving tax scams, from unemployment fraud to social media tax “hacks," and warns taxpayers what to watch ...