Finance ❯ Taxes

Income Tax

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New $6,000 Senior Tax Break Takes Effect as SSA 1099s Roll Out

Tax filers 65 and older face new calculations that can erase liabilities for moderate incomes, complicating returns for those with benefit back pay.

IRS Keeps Oct. 15 Extension Deadline In Place Despite Shutdown

IRS Clarifies Tip Deduction: Only Voluntary Gratuities Qualify