The IRS released the 2026 standard deduction amounts you’ll use for your 2026 tax return — and they're higher than ever. Knowing the standard deduction amount for your status can help you determine ...
You might find that your most fruitful tax breaks aren’t hiding in itemized deductions — but they might be waiting for you after age 65. Data from the IRS shows that 90% of taxpayers choose the ...
Homeowners who have been taking the standard tax deduction in recent years might want to give itemization another look this year. The One Big Beautiful Bill Act comes with a slew of updates affecting ...