The IRS has increased the standard deduction for the 2026 tax year. Find out the new amounts and how this change could lead ...
The Tax Foundation, a nonpartisan think tank, estimates that the various tax cuts included in the bill will increase the ...
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 ...
Business Intelligence | From W.D. Strategies on MSN

5 tips for claiming the new $6,000 senior tax deduction in 2026

Retirement is supposed to be a time when things get simpler. You've worked hard for decades, and now you expect to reap the ...
New tax brackets, higher standard deductions and expanded credits are now in effect — changes that could boost paychecks and ...
The One Big Beautiful Bill Act is making several major impacts on 2026 tax returns. Here are six notable changes that filers ...
The 2026 basic standard deduction amounts represent an increase of 2.22%. That continues a string of smaller increases, ...
If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.
The IRS has officially released the inflation-adjusted income tax brackets and standard deduction for 2025. Find out the new ...
Child Tax Credit: This tax credit increases by $200 year over year, to $2,200 per child for the 2025 tax year. It applies to ...