The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...

The One Big Beautiful Bill Act made significant changes in the tax benefits of charitable giving, increasing tax benefits for ...

A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify and claim the deduction when they file their taxes this year.

The budget bill passed in July adds a new deduction for seniors that could eliminate taxes on social security for some.

This article discusses all of the various standard deduction amounts for 2026.

States differ on whether to conform to HR-1, leaving taxpayers with a patchwork of rules depending on where they live.