The higher standard deduction since 2017 has dramatically reduced itemization. But the new law provides incentive for teachers to consider whether that's feasible.
WRAL and 5 On Your Side is partnering with the North Carolina Society of Enrolled Agents to connect people with federally licensed tax professionals for answers about tax planning and preparation.
Discover four smart strategies to lower your 2025 tax bill under the One Big Beautiful Bill Act (OBBBA). Learn how to ...
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Extra Standard Deduction for Seniors Over 65: Requirements
Turning 65 doesn't just mark a milestone in life, it can also unlock valuable tax savings. The IRS grants seniors an extra ...
SmartAsset reports the One Big Beautiful Bill Act could offer significant tax savings for U.S. households in 2025, varying by ...
The IRS refunded $311 billion to taxpayers in 2025—here’s how to cut your tax bill and keep more cash in your pocket next ...
The IRS announced new federal income tax brackets for 2026 on Oct. 9, along with adjustments to the standard deduction. These stem from the One Big Beautiful Bill (OBBB), which directed the IRS to ...
The IRS recently announced some changes to standard deductions and tax brackets. It's important to understand the new tax rules so you don't pay more to the IRS than you need to. In the U.S., ...
The Internal Revenue Service has announced updated standard deduction amounts for the 2026 tax year, including a modest, yet meaningful, increase for Americans age 65 and older. The change, which ...
WASHINGTON — The Internal Revenue Service announced this week that Americans will see modest increases in standard deductions and tax bracket thresholds for 2026, part of the agency's annual inflation ...
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