The 2025 One Big Beautiful Bill Act (OBBBA) introduced a particularly interesting change for Americans 65 and older: a new, temporary tax deduction. Beginning this tax season, individuals age 65+ are ...

Senior couple using laptop while sitting on sofa in living room at home Fort Myers, Florida Mar 9, 2026 (Issuewire.com) At American Tax Service, we have published a new guide explaining the 2026 ...

That headline number is driving intense interest among waitstaff, bartenders, delivery workers, hairstylists, casino dealers, and other tipped employees ahead of the 2025 tax filing season. The new ...

Small business owners can reduce taxable income by deducting various business expenses, including vehicle costs, travel, home ...

If you purchased a new car in 2025 and its final assembly was done in the U.S., you may get a tax break. If you purchased a new car in 2025, you may be able to deduct part of your loan payment from ...

The deduction is designed to help seniors reduce their taxes through 2028. The lowest-income seniors are unlikely to benefit from the deduction. Experts worry about the impact the tax break will have ...