Tax season 2026 is here. Discover the increased standard deduction, expanded SALT cap, and a new senior bonus that could ...

Comprehensive guide to U.S. itemized deductions for 2026, covering Schedule A, SALT limits, medical expenses, interest, charity, and 1040-NR ...

For the 2026 tax season, knowing the standard deduction is vital, as it reduces taxable income without itemizing, offering ...

As the April 15 tax deadline approaches, here’s what you need to know about claiming deductions on your tax return. The standard deduction is a flat-dollar reduction to your adjusted gross income (AGI ...

This year’s tax season — which officially kicks off Monday — will be a doozy. The Internal Revenue Service anticipates receiving some 164 million individual income tax returns, with the bulk filed ...

Some deductions remain every year, but others change or disappear and new ones crop up. Learn about the best tax deductions ...

Tax season begins Jan. 26, 2026 with some changes as a result of President Trump's so-called "One, Big Beautiful Bill." Among ...

Tax law changes in the Tax Cuts and Jobs Act affect almost everyone who itemized deductions on tax returns they filed in previous years.. One of these changes is that TCJA nearly doubled the standard ...

Some changes don't take effect until next year's tax season.

The One Big Beautiful Bill Act (P.L. 119-21) (the Act), enacted on July 4, 2025, brought about significant tax changes, many of which take effect in January 2026. The American College of Trust and ...