When tax season rolls around, deductions and credits can make a real difference in how much you owe -- or how much you get ...

For Americans 65 and older, the 2025 and 2026 tax years are unusually generous. A new senior-focused deduction stacks on top ...

The One Big Beautiful Bill (OBBB) Act that President Trump signed into law last July implemented multiple changes to the tax ...

The Internal Revenue Service has now locked in the 2025 income tax brackets, standard deduction amounts, and key retirement ...

American taxpayers aged 65 and older will receive a new $6,000 bonus tax deduction next year as part of President Donald Trump’s One Big Beautiful Bill Act. The temporary deduction comes alongside ...

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 ...

Beginning in 2026, tax filers who claim the standard deduction may be allowed to take a new above-the-line deduction for cash contributions to qualifying charities. You will not need to itemize ...