Turning 65 doesn't just mark a milestone in life, it can also unlock valuable tax savings. The IRS grants seniors an extra ...

As it does each year, the IRS has announced inflation adjustments to several tax credit and deduction amounts for 2026. This includes new 2026 income tax bracket thresholds, higher standard deduction ...

One of the biggest tax decisions that a couple can make is whether to take the standard deduction or itemize. The standard ...

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the 20% deduction for qualified business income or QBI ...

The Internal Revenue Service has announced updated standard deduction amounts for the 2026 tax year, including a modest, yet meaningful, increase for Americans age 65 and older. The change, which ...

The Internal Revenue Service adjusts tax brackets higher to ensure that inflation doesn't accidentally push workers into higher brackets. President Donald Trump's large spending bill passed by ...

The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger credits for families, adoptions, and employer-provided childcare. The top ...

The IRS recently released the inflation-adjusted tax brackets for the 2026 tax year. The updated standard deduction was announced as well. With all other factors being equal, some high earners could ...

MANCHESTER, England — Historic English soccer club Sheffield Wednesday's future was thrown into doubt Friday after it was taken over by administrators amid financial troubles. The English Football ...