Here's what you can deduct if you aren't itemizing, along with tax brackets, senior deductions including the phaseout ramp, ...

Older taxpayers now have access to some of the most generous standard deduction rules on record, and the stakes are high for ...

TAMPA, Fla. (WFLA) — The Internal Revenue Service has announced new tax inflation adjustments for the 2026 tax year. Thursday, the IRS posted several notable changes, including those from the ...

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 standard deduction is rising in 2026 by $350, or $700 for couples. The tax brackets are changing slightly as well. Assuming the same income, your tax bill could go down slightly for 2026. Each ...

Tax deductions reduce your taxable income to help lower your overall tax bill. While most people claim the standard deduction, there are dozens of lesser-known opportunities that could help you keep ...