While the wealthiest must be overjoyed with all the tax giveaways in the One Big Beautiful Bill, the new legislation can ...

In 2026, the IRS raises standard deductions to $16,100 for singles. Above-the-line deductions reduce taxable income directly.

Adjusted gross income is an amount that takes your total, or gross income, and makes certain adjustments to determine your income for certain tax break qualifications. Image source: The Motley Fool ...

"Withholding." "Adjusted income." "Standard deduction." With Tax Day approaching, many new to the workforce are searching for explanations to help them make sense of all the lingo. Shannon McLay knows ...

Various farm programs as established by the Farm Service Agency have various limits based on the farmer’s adjusted gross income (AGI). However, some of these programs also allow for either a double ...

The IRS will announce the 2026 tax season opening in January, according to the USA TODAY Network. Last year, the IRS opened ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...