Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced deduction for seniors.

Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

The Internal Revenue Service has started to spell out how the new tax law will reshape deductions over the next two filing ...

Wondering how the new mega tax law will affect your paycheck and taxes? Some of the answers lie in the new W-2 form employees will start getting for tax year 2026. The IRS recently released drafts of ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Vithun Khamsong / Getty Images The ...

Learn how to effectively manage your self-employment tax with our comprehensive guide on strategies and tips for minimizing ...