If you’re retired and filing taxes, these tax credits and deductions could provide thousands in relief (if you qualify).
Both the standard deduction and itemized deductions reduce the amount of tax you pay in a given year. So which is better? Should you itemize or should you keep things simple and take the standard ...
Trump’s One, Big Beautiful Bill Act (OBBBA) revamps the U.S. tax code with major deductions. Read about the SALT cap hike, ...
Americans can look forward to bigger standard deductions on their 2026 taxes and higher standard deductions on their 2025 ...
The IRS finalized 2026 brackets and standard deductions—shifting thresholds upward under the One Big Beautiful Bill and ...
Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?
The new IRS tax brackets move deductions up in the wake of President Donald Trump's "One, Big, Beautiful Bill." ...
The Internal Revenue Service ( IRS) on Thursday, October 9, announced new federal income tax brackets as well as standard ...
From there, for tax year 2026, the IRS is adjusting the standard deduction for inflation — something it does every year. As a ...
The Internal Revenue Service has revealed inflation adjustments for tax year 2026, affecting more than 60 tax provisions.
TAMPA, Fla. (WFLA) — The Internal Revenue Service has announced new tax inflation adjustments for the 2026 tax year. Thursday, the IRS posted several notable changes, including those from the ...
The updates affect more than 60 tax provisions and are expected to apply to virtually all returns filed in 2027 for the 2026 ...