With the 2026 standard deduction soaring to $32,200 for joint filers and SALT cap changes, should you still itemize? We break ...
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful ...
Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?
The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know ...
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
Taxpayers and businesses are encouraged to review IRS instructions and updates closely as new rules take effect.
As a taxpayer, you pay tax as a percentage of your income in layers called tax brackets, according to the IRS.
The IRS will begin accepting 2025 tax returns on Monday, Jan. 26, 2026, the agency announced. Taxpayers have until Wednesday, April 15, 2026, to file their tax returns and pay any tax due, according ...
Learn how to deduct casualty and theft losses on your taxes effectively. Understand eligibility, criteria, and the filing ...
In proposed regulations for the car loan interest deduction, the IRS addresses issues for taxpayers and lenders, including eligibility criteria for the deduction and information-reporting requirements ...