Taxpayers and businesses are encouraged to review IRS instructions and updates closely as new rules take effect.
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know ...
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13 tax deductions you can claim in 2026 without itemizing
Tax rules in 2026 tilt even more heavily toward people who take the standard deduction, thanks to new above the line write ...
For 2025, these autos have a Section 179 tax deduction limit of $12,200 in the first year they are used. In fact, if the ...
President Donald Trump’s One Big Beautiful Bill Act, which was recently signed into law, offers Americans a number of tax benefits. It makes many of the changes from the Tax Cuts and Jobs Act (TCJA) ...
What Does Tax-Deductible Mean? The U.S. tax system can be a bit convoluted, and if you’re trying to learn every single aspect about filing taxes, you’ll find yourself deep in a rabbit hole. The good ...
Q: With all the publicity about tax reform under the One Big Beautiful Bill Act, I am wondering if you have seen anything new about the tax deductibility of travel expenses. Even if you haven't, can ...
New federal tax laws effective as of January 1, 2026, will change how charitable deductions work for most taxpayers. Adopted under the One Big Beautiful Bill Act, the new rules may affect anyone who ...
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