Standard tax deductions are increasing across the board, but the news is even better for those 65 years and older.
Here are the tax rate schedules, tax tables and cost-of-living adjustments for 2026, including new and increased deductions ...
The IRS has announced an increase in the standard deduction for seniors in 2026, providing financial relief amid rising ...
The new tax deduction on car loan interest is only available for tax year 2025 through tax year 2028. So, you can only use it ...
The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
The IRS recently released the inflation-adjusted tax brackets for the 2026 tax year. The updated standard deduction was announced as well. With all other factors being equal, some high earners could ...
The IRS has unveiled a draft of the new Schedule 1-A form, set to simplify claiming deductions for tips, overtime, auto loan interest, and senior benefits. As part of the OBBBA, this form aims to ease ...
If you’re retired and filing taxes, these five tax credits and deductions could provide thousands in relief (if you qualify).
The SALT deduction temporarily jumped to $40K under Trump’s tax reform, and the $750K mortgage interest cap is now permanent, ...
The IRS has announced an adjustment to the additional standard deduction for seniors in 2026, aimed at reducing taxable ...
Adjustments to the extra standard deduction can impact the tax bills of millions of older adults. Here are some new amounts ...