Older taxpayers now have access to some of the most generous standard deduction rules on record, and the stakes are high for ...

The IRS announced updated inflation adjustments for the 2026 tax year, including new federal tax brackets and higher standard deduction amounts. According to the IRS, the “tax items for tax year 2026 ...

For tax year 2026, the standard deduction will be $32,200 for married couples filing jointly. For single taxpayers and ...

The One Big Beautiful Bill Act, which was signed into law in July, created several new tax provisions and made changes to others that are in effect for this year. So it’s worth having the rundown of ...

The tax-and-spending bill includes several provisions that could have significant effects on your tax refunds come April – ...

Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...

There's a higher SALT cap of $40,000 on property taxes, a higher child tax credit, new deductions for elderly residents, no ...

The IRS has increased the standard mileage rate for business use to 72.5 cents per mile from January 1, offering tax relief ...

The Internal Revenue Service announced the new standard mileage rate for 2026. These rates apply to 2026 tax returns that ...