Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful ...
Tax rules in 2026 tilt even more heavily toward people who take the standard deduction, thanks to new above the line write ...
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
Each spring, millions of taxpayers face a deceptively simple question — take the standard deduction or itemize? For those not versed in the lingo of taxes, the distinction can be confusing. But ...
Seniors could keep more money with new tax break phasing in for 2025 returns. The extra deduction helps lower- and ...
The IRS will begin accepting 2025 tax returns on Monday, Jan. 26, 2026, the agency announced. Taxpayers have until Wednesday, April 15, 2026, to file their tax returns and pay any tax due, according ...