The IRS unveils 2025 standard deductions, with inflation adjustments and new provisions affecting millions of taxpayers’ finances ...

President Donald Trump’s “One Big Beautiful Bill” quadruples the state and local tax (SALT) deduction cap to $40,000. Sounds ...

With tax season here, understanding whether to itemize deductions or take the standard deduction can help you maximize savings.

With the passage of the One Big Beautiful Bill Act or OBBBA, many of the temporary tax laws set to expire at the end of 2025 ...

I recommend that you do not be lazy and go through the effort of compiling your itemized deductions. Your efforts may be greatly rewarded!

If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.

The One Big Beautiful Bill Act introduces some changes that may make it beneficial for more taxpayers to go back to itemizing deductions.

With tax season here, understanding whether to itemize deductions or take the standard deduction can help you maximize savings.