This is a deduction, NOT a credit or rebate: This reduces your taxable income by up to $6,000 per qualifying individual. Qualifying individuals are people aged 65 and over, and earn less than $75K if single, or $150k if Married Filing Jointly.

Starting October 2025, the IRS will no longer send most tax refunds or other payments by paper check. Instead, payments will be made electronically—directly to your bank account, prepaid debit card, or digital wallet. This change is designed to make payments faster,...

Overtime Pay (OT): Overtime pay is usually subject to federal income tax, just like regular wages. However, for tax years 2025 through 2028, a new law allows eligible employees to deduct up to $12,500 ($25,000 for joint filers) of the "premium" portion of their...

Prepare to file in 2025: Get Ready for tax season with key updates, and essential tips from the IRS Click Here for Article

This article contains helpful information that can help you to prevent a stolen identity or any fraud attempts! Click Here for Article