Although the due date for your 2025 federal income tax return is a long way off (it's not until April 15, 2026), smart ...

"Generally, a standard deduction is the best choice for taxpayers whose total itemized deductions do not add up to more than ...

The IRS recently announced the 2025 tax brackets and tax tables. Given many people are interested in the changes, we wanted ...

As you transition into retirement, your income sources may change, but your tax obligations remain. The good news is that the IRS standard ... an additional deduction amount, which can be a ...

Understanding what triggers an audit can help you steer clear, since not all audits happen by chance — certain situations ...

Discover how the SALT deduction can significantly reduce your tax bill by up to $10,000. Learn who qualifies, what taxes are ...

The 2025 tax season officially kicked off on January 27, marking the start of a crucial period for American taxpayers. Individuals have until April 15, 2025, to file their 2024 tax returns or ...

According to the IRS, only certain types of vehicles qualify for a sales tax deduction. This includes: Follow these guidelines to calculate your vehicle sales tax deduction: Find the amount of ...

The IRS has increased the health savings account, or HSA, contribution limit for 2026 to $4,400 for self-only coverage, and ...