Older taxpayers now have access to some of the most generous standard deduction rules on record, and the stakes are high for ...

The IRS announced updated inflation adjustments for the 2026 tax year, including new federal tax brackets and higher standard ...

By late December, many tax savings strategies are off the table. But there are still a few simple things that you can do now ...

Many taxpayers might miss these valuable tax deductions and credits for 2026, from HSA contributions to the new senior ...

Unlock overlooked tax deductions -- from medical costs to home office write‑offs -- to lower your taxable income and keep ...

Giving to charity can be rewarding. And with a little planning, it can also help lower your tax bill. These year-end ...

Homeowners now have the chance to write off much more of their state and local tax bills, and this could potentially lead to bigger tax refunds. That’s if they play their cards right on the SALT ...

ST PAUL, Minn. — On a list of things to do, it would be a severe understatement to say filing taxes would not be at the top of the list for most Minnesotans... not even close. The Minnesota Department ...

American taxpayers aged 65 and older will receive a new $6,000 bonus tax deduction next year as part of President Donald Trump’s One Big Beautiful Bill Act. The temporary deduction comes alongside ...

Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize. By Ann Carrns Thinking about donating to your favorite charity before the ...

Editorial Note: Talk Android may contain affiliate links on some articles. If you make a purchase through these links, we will earn a commission at no extra cost to you. Learn more. Understanding the ...

Q. Hi, Dan. I don’t understand why people are talking about the new deduction for charitable gifts next year. Haven’t charitable gifts always been deductible? — Carl in Rockledge A. Carl, for millions ...