With the 2026 standard deduction soaring to $32,200 for joint filers and SALT cap changes, should you still itemize? We break ...

While you don't have much choice when it comes to paying taxes, you can benefit from significant deductions that reduce the amount you owe Uncle Sam. "Imagine you have $100,000, and you get to make ...

Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?

For the 2026 tax season, knowing the standard deduction is vital, as it reduces taxable income without itemizing, offering taxpayers a simpler path to lowering their taxes efficien ...

When tax season rolls around, deductions and credits can make a real difference in how much you owe -- or how much you get ...

As a taxpayer, you pay tax as a percentage of your income in layers called tax brackets, according to the IRS.

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 ...

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 ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

Tax season begins Jan. 26, 2026 with some changes as a result of President Trump's so-called "One, Big Beautiful Bill." Among ...