The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how to choose the option that’s best for you.

GoodRx, a platform for medication savings, highlights seven commonly overlooked deductions and how to claim them.

The One Big Beautiful Bill Act made significant changes in the tax benefits of charitable giving, increasing tax benefits for ...

Most people go with standard deduction when filing income tax returns, but depending on ax situation, you may want to itemize ...

As part of the provisions in President Donald Trump’s tax and spending package, passed last year, everyday donors may see tax gains, while those who itemize, especially high earners, face stricter ...

President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could affect your tax return this season.

Run the numbers: For 2025, the standard deduction is $31,500 for married couples and $15,750 for singles. If your total itemized deductions — including mortgage interest, charitable giving, and state ...

The Institute asked for guidance from the IRS and the Treasury on the Trump Accounts for newborns as well other provisions of the One Big Beautiful Bill Act.

Certain newly introduced tax deductions that could significantly lower what Mississippians owe, according to tax experts.

If you’re 65 or older, you can benefit from some generous provisions of the tax code. In addition to a larger standard deduction, seniors now qualify for a new bonus deduction that applies from 2025 ...

The new senior tax deduction ushered in by the 'Big, Beautiful Bill' is worth up to $6,000 per qualified filer.