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

Social Security represents a major source of monthly income for many citizens, especially retirees. The "new" deduction will ...

The IRS announced updated inflation adjustments for the 2026 tax year, including new federal tax brackets and higher standard ...

New IRS tax brackets for 2026 could slightly increase paychecks for millions of American workers. Lower brackets widened by ...

Each spring, millions of taxpayers face a deceptively simple question — take the standard deduction or itemize? For those not versed in the lingo of taxes, the distinction can be confusing. But ...

Learn how 2026 tax changes could impact middle-class families, from new brackets to deductions, and what you can do to ...

The IRS on Thursday announced adjustments it is making to a host of line items on your federal tax return for this year and next. Those updates are the result of changes in inflation, but also due to ...

The standard deduction is rising in 2026 by $350, or $700 for couples. The tax brackets are changing slightly as well. Assuming the same income, your tax bill could go down slightly for 2026. The ...

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