The higher standard deduction since 2017 has dramatically reduced itemization. But the new law provides incentive for teachers to consider whether that's feasible.

For the 2026 tax year, the IRS will raise the standard deduction to $32,200 for married couples and $16,100 for single filers.

Discover 20 real estate tax deductions agents actually use to lower their taxable income, cut costs and keep more of their ...

Altogether, roughly 40% of U.S. households could pay $0 in federal income tax in 2025, according to the Tax Policy Center (1) ...

Discover four smart strategies to lower your 2025 tax bill under the One Big Beautiful Bill Act (OBBBA). Learn how to ...

Back on July 1, the White House issued a statement claiming that “88% of all seniors who receive Social Security — will pay ...

The SALT deduction is only available to taxpayers who itemize their deductions rather than claiming the widely used standard deduction, which the tax law increased to $15,750 this year for individuals ...

Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.