Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?
The IRS announced updated inflation adjustments for the 2026 tax year, including new federal tax brackets and higher standard ...
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2026 tax update: Bigger standard deduction plus new business write-off wins
Tax filing for 2026 is shaping up to be very different from the last few years, with a larger standard deduction and a fresh ...
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
The standard deduction is rising in 2026 by $350, or $700 for couples. The tax brackets are changing slightly as well. Assuming the same income, your tax bill could go down slightly for 2026. Each ...
Every year, filing your taxes can be a daunting — and pricey — task. The federal government requires you to pay taxes, but there are ways to minimize how much you owe. One of those ways is by taking ...
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