The 2026 standard deduction for dependents is limited to either $1,350 or the sum of $450 and the dependent’s earned income, ...

If you’re retired and filing taxes, these tax credits and deductions could provide thousands in relief (if you qualify).

Every year, as you file your federal income tax return, you have an important decision to make: itemize, or take the standard ...

See new IRS income tax brackets 2025, updated tax rates, standard deduction married filing jointly. How much will taxes will you pay in 2026?

Americans will file their income-tax returns based on the 2026 brackets during the tax-filing season that culminates on April 15, 2027, absent filing extensions. Here's what to expect: What's the ...

The Internal Revenue Service has published changes from the One Big Beautiful Bill Act President Trump pushed through ...

The $12,000 deduction introduced by the 'One Big Beautiful Bill Act' (OBBBA) is a temporary measure designed to provide financial relief to older adults. Specifically, it offers a maximum deduction of ...

Congress did not simply extend the Tax Cuts and Jobs Act provisions starting in 2026 with the One Big Beautiful Bill Act; it ...

A: There was no change in Budget 2026 to any income tax bands or rates. As a result, the amount you can earn next year before ...

New York State’s 2021 tax hikes on wealthy residents did not trigger a mass millionaire exodus, as the top 1% of earners are actually likelier to stay in New York than people in any other ...

Connecticut’s economy remains a mixed bag with low unemployment as consumers and businesses await the impacts of tariffs and ...

Amid a severe financial crisis between 2021 and 2024, BPDB struggled to clear electricity bills on time. In response to a request from BIPPA, BPDB decided on 15 May 2024 to suspend LD deductions for ...