Millions of Americans could see a financial bump thanks to inflation adjustments to the tax code announced by the IRS Tuesday ...

To be clear, the 2026 standard deduction applies to income you earn in 2026 but is for the tax return you'll file in 2027.

The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.

Adjustments to the extra standard deduction can impact the tax bills of millions of older adults. Here are some new amounts ...

Both the tax brackets and the standard deduction for the 2026 tax year, which is filed in 2027, have increased to reflect ...

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

A recent report released by the Legislative Services Agency shows that revenues for the state of Iowa declined by over 8% ...

Every year, as you file your federal income tax return, you have an important decision to make: itemize, or take the standard ...

When you think of tax deductions, what comes to mind? Most likely mortgage interest, student loan payments, charitable donation and other standard options. But the U.S. tax code is full of quirky ...

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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 ...

Christian Allred has been a professional writer since 2020. He's written for some of the industry’s top brands and publications, including Rocket Mortgage, PropStream, Propmodo, and CRE Daily.