Here's what you can deduct if you aren't itemizing, along with tax brackets, senior deductions including the phaseout ramp, ...

Taken together with the inflation measure the IRS uses, the agency says that—on average—the inflation-adjusted tax numbers ...

New tax brackets, higher standard deductions and expanded credits are now in effect — changes that could boost paychecks and ...

For tax year 2026, the standard deduction will be $32,200 for married couples filing jointly. For single taxpayers and married individuals filing separately, the standard deduction rises to $16,100 ...

The IRS is adjusting tax brackets for 2026 to account for inflation, which could keep some taxpayers in lower tax rates and ...

The IRS finalized major tax updates for 2026. Here's how higher brackets, deductions, and credits could affect your finances ...

If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.

An above-the-line deduction for charitable giving is in available for non-itemizers in the 2026 tax year and beyond.

The 'One Big Beautiful Bill Act' (OBBBA), signed into law on July 4, 2025, introduces a new $6,000 tax deduction for seniors.

Retirees are about to see one of the most significant federal tax changes in years: a new extra deduction that can cut ...