Eligible retirees could lower their federal taxes in 2026 with a new $6,000 senior bonus deduction. Here's how the deduction works and how to claim it.

When retirees file their 2025 tax return by April of 2026, they may get very pleasant news. Many seniors who are 65 and over ...

Millions of taxpayers expecting a federal income tax refund are getting an IRS notice instead of cash due to new rules.

The Internal Revenue Service released its 2026 Dirty Dozen list of tax scams, warning taxpayers about schemes that threaten ...

The recommendations include allowing taxpayers to rely on substitute reasonable cause when appropriate, permitting them to reserve the automatic first-time abatement for future use.

The pensions of more than 780,000 public employees – including close to 61,000 in Western New York – stand to be affected under proposed reforms to the Tier 6 retirement benefit system.