If you’re retired and filing taxes, these tax credits and deductions could provide thousands in relief (if you qualify).

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

OBBBA reduces the income tax benefit of claiming a charitable deduction, prompting donors to reconsider tax implications when ...

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 ...

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

Provisions in the One Big Beautiful Bill Act will boost the value of qualified charitable distributions, advisors say.

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 Internal Revenue Service ( IRS) on Thursday, October 9, announced new federal income tax brackets as well as standard ...

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

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

Middle-class Americans can lower their overall tax bill by strategically claiming certain lesser-known deductions. This article gives you some starting points.