The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...
Older taxpayers now have access to some of the most generous standard deduction rules on record, and the stakes are high for anyone trying to stretch retirement income. The federal tax code offers an ...
The IRS allows you to claim deductions that reduce the amount of tax you owe. Those deductions either are itemized deductions ...
Benjamin Franklin famously quipped that there’s nothing certain in life other than death and taxes. Any changes to the latter pique the interest of most Americans. As it does annually, the IRS ...