The IRS has increased the standard deduction for the 2026 tax year. Find out the new amounts and how this change could lead ...
You don't need to itemize to save on taxes in 2026. These 13 overlooked deductions and adjustments can lower your taxable ...
Here's what you can deduct if you aren't itemizing, along with tax brackets, senior deductions including the phaseout ramp, ...
This article is the first in a new column, Personal Financial Planning, covering the role of CPAs in advising individuals and ...
Thanks to changes to the tax laws, 2026 gives taxpayers a chance to take a fresh look at their charitable giving. Whether you’re donating cash, stock or money from your retirement account, a little ...
A local tax professional offers guidance on preparing for tax season, emphasizing the importance of early document gathering and clear communication to avoid costly mistakes and missed deductions.
Each spring, millions of taxpayers face a deceptively simple question — take the standard deduction or itemize? For those not versed in the lingo of taxes, the distinction can be confusing. But ...
In proposed regulations for the car loan interest deduction, the IRS addresses issues for taxpayers and lenders, including eligibility criteria for the deduction and information-reporting requirements ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...