The Welfare Benefits Board (WBB) has confirmed that nearly 50,000 Aswesuma beneficiaries received duplicate payments due to a ...

A woman has received a criminal record after keeping and spending money which was accidentally deposited into her account.

Businesses and individuals are increasingly adopting automation tools to streamline expense tracking, ensure IRS compliance, and maximize tax deductions ahead of future filing seasons. From AI-powered ...

Large itemized deductions can deliver valuable tax savings, but they also invite a closer look from IRS systems. Deductions ...

In 2022, when the Internal Revenue Service raised the educator expense deduction for the first time since its inception in 2002—from $250 to $300—it felt to some like a slap in the face. “The amount ...

New tax deductions for overtime pay, tips, seniors, and car loan interest don’t disappear immediately when income crosses a line. Some deductions, such as one for those 65 and older, end up being ...

KSHB 41 reporter Grant Stephens covers downtown Kansas City, Missouri. He also focuses on stories of consumer interest. Share your story idea with Grant. With less than two weeks until the federal tax ...

Tax season often carries a distinct financial weight for older Americans. Fixed incomes, Social Security benefits, retirement distributions and rising healthcare costs all factor into a filing picture ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. When filing a federal tax return, Americans face a key choice that can ...

The new senior tax deductions helps many retirees avoid paying taxes on their Social Security benefits. While that’s a good thing for seniors’ finances now, it puts Social Security at risk of benefit ...

A new tax break for older Americans could put thousands of dollars back in your pocket this filing season. The so-called "senior bonus deduction" allows eligible taxpayers to deduct up to $6,000 from ...

A new tax break is available this filing season for taxpayers who have car loans on vehicles that meet certain specifications. The One Big Beautiful Bill Act (OBBBA), which was passed through Congress ...