The IRS announced updated inflation adjustments for the 2026 tax year, including new federal tax brackets and higher standard ...
Taken together with the inflation measure the IRS uses, the agency says that—on average—the inflation-adjusted tax numbers ...
Here's what you can deduct if you aren't itemizing, along with tax brackets, senior deductions including the phaseout ramp, ...
Older taxpayers now have access to some of the most generous standard deduction rules on record, and the stakes are high for ...
Federal tax code overhaul under the One Big Beautiful Bill Act delivers sweeping changes for individuals and businesses, ...
Your paycheck could stretch further in 2026 as the IRS raised tax brackets and deductions under Trump’s “big beautiful bill." ...
On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the federal income tax brackets and standard deduction. The standard deduction — ...
In 2026, the IRS raises standard deductions to $16,100 for singles. Above-the-line deductions reduce taxable income directly.
There's a higher SALT cap of $40,000 on property taxes, a higher child tax credit, new deductions for elderly residents, no ...
The Internal Revenue Service announced the new standard mileage rate for 2026. These rates apply to 2026 tax returns that ...