As it does each year, the IRS has announced inflation adjustments to several tax credit and deduction amounts for 2026. This includes new 2026 income tax bracket thresholds, higher standard deduction ...
Preparing for retirement isn’t always about stashing a portion of your paychecks for your golden years. For some, it’s about accepting a windfall late in life and trying to make the money stretch. Let ...
Over 65 additional standard deduction for 2026 announced For single filers and heads of households age 65 and over, the additional standard deduction increased slightly — from $2,000 for 2025 (returns ...