Turning 65 comes with a tax perk! Learn about the extra standard deduction for seniors, the 2025 amounts, and how it can ...
One of the most significant changes is the increase in the standard deduction for the 2025 tax year. Single Filers: The standard deduction rises to $15,750, up from $15,000. Married Couples Filing ...
The One Big Beautiful Bill Act, which was signed into law in July, created several new tax provisions and made changes to others that are in effect for this year. So it’s worth having the rundown of ...
Each spring, millions of taxpayers face a deceptively simple question — take the standard deduction or itemize? For those not versed in the lingo of taxes, the distinction can be confusing. But ...
For tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.
Tax season in 2026 will look very different for older Americans filing 2025 returns, as a new wave of deductions reshapes how ...
Benefits recipients could save $6,000 in federal taxes on their monthly payments. Here’s who is eligible to claim the ...
The 2025 and 2026 rules require donors to itemize their deductions to claim any charitable contribution deductions. Here's what you need to know.
New 2025 tax law locks in lower rates, boosts deductions, and reshapes SALT, senior, worker and business breaks. See what to do before year-end to cut your bill.
There are a number of strategic tax opportunities individuals and families must take advantage of before Dec. 31 to maximize ...