The standard deduction is set to climb again for the 2025 tax year, with married couples filing jointly able to shield ...

A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering ...

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

"Taking action before the end of this year can be a huge benefit to your financial health in 2026," said Dan Snyder, director of personal financial planning at the American Institute of CPAs, pointing ...

Washington, D.C., has temporarily suspended several new federal tax breaks, such as no tax on tips, no tax on overtime, and the $6,000 bonus senior deduction, according to USA TODAY. The district ...

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 ...

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 ...

WRAL and 5 On Your Side is partnering with the North Carolina Society of Enrolled Agents to connect people with federally licensed tax professionals for answers about tax planning and preparation.

Homeowners now have the chance to write off much more of their state and local tax bills, and this could potentially lead to bigger tax refunds. That’s if they play their cards right on the SALT ...

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 ...