About 144 million Americans may qualify for the 2026 universal charity deduction, while high earners face new IRS limits.

Social Security represents a major source of monthly income for many citizens, especially retirees. The "new" deduction will ...

New tax changes from OBBBA in 2026 could significantly impact charitable deductions by altering how donors give.

Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...

View post: 20-year-old boutique files for Chapter 7 bankruptcy, closing all locations ...

The law creates a new deduction of up to $6,000 for people age 65 and older until 2029, and creates a tax break for up to $10 ...

From expanded deductions to state-specific rules, these updates could help farmers save money and optimize their tax ...

Economists see the tax cuts in U.S. President Donald Trump’s One Big Beautiful Bill as a principal driver of the U.S. economy ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.

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