The standard deduction for a widow over 65 can be higher than that of the average taxpayer. This has the potential to lower ...

Starting in 2026, the new deduction will enable the estimated 90% of household using standard deductions to get a deduction ...

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

The One Big Beautiful Bill Act has supersized the standard deduction for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim up to $6,000 in addition to the ...

The provisions on tip and overtime compensation were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big ...

The One Big Beautiful Bill Act passed in July 2025, made some long-awaited permanent changes to the tax code. But as we approach the end of the year, our focus must shift to the new, temporary ...

IRS adjusts 2026 tax brackets, deductions, and expat exclusions — changes that could impact how Americans abroad file and save on next year’s returns. AUSTRALIA ...

Annual adjustments protect you from "bracket creep" — when inflation pushes you into a higher tax bracket even though your buying power hasn't increased. For example, a married couple filing jointly ...

Beginning in 2026, tax filers who claim the standard deduction may be allowed to take a new above-the-line deduction for cash contributions to qualifying charities. You will not need to itemize ...

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at four questions on the new tax ...

UPDATE (11/12/2025): INDOT said I-65 southbound will be reduced to one lane for several days for bridge repairs. The closure begins Nov. 12 at 2 a.m. and will reopen around 12 a.m. on Nov. 17.