The IRS announced updated inflation adjustments for the 2026 tax year, including new federal tax brackets and higher standard ...
For tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.
Social media posts claim President Donald Trump just signed a bill that would allow for home gyms to be tax deductible. They are false.
Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...
For tax year 2026, the standard deduction will be $32,200 for married couples filing jointly. For single taxpayers and ...
Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only ...
A total of 24 provisions of the Tax Cuts and Jobs Act will expire Dec. 31, 2025, impacting millions across the nation. The act was initially enacted in December of 2017 by Trump in his first term.
The One Big Beautiful Bill Act became law less than six months ago, but several major changes to the tax code have already ...
New tax changes from OBBBA in 2026 could significantly impact charitable deductions by altering how donors give.
Poker Hall of Famer Erik Seidel has won 10 World Series of Poker bracelets while earning tens of millions of dollars in ...
By late December, many tax savings strategies are off the table. But there are still a few simple things that you can do now ...