The One Big Beautiful Bill raised the standard tax deduction for married couples from $30,000 to $31,500 for tax year 2025, ...

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 ...

Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?

The IRS finalized 2026 brackets and standard deductions—shifting thresholds upward under the One Big Beautiful Bill and ...

The new IRS tax brackets move deductions up in the wake of President Donald Trump's "One, Big, Beautiful Bill." ...

Generally, couples who file jointly get more tax breaks. But there are plenty of reasons to file separately, depending on ...

The Internal Revenue Service has revealed inflation adjustments for tax year 2026, affecting more than 60 tax provisions.

From there, for tax year 2026, the IRS is adjusting the standard deduction for inflation — something it does every year. As a ...

Americans can look forward to bigger standard deductions on their 2026 taxes and higher standard deductions on their 2025 ...

What is “middle-class”? Although definitions might vary, the Pew Research Center might have an answer. A recent Pew report found that a family of three could be considered in the “middle” of upper and ...

Tax optimization strategies vary by income level, but everyone can reduce their tax burden. Most taxpayers can save a few thousand dollars per year through basic techniques, while high earners can ...