Every year, as you file your federal income tax return, you have an important decision to make: itemize, or take the standard deduction. You can only pick one, but at least you can select the option ...

The Internal Revenue Service has announced new standard deductions and federal income tax brackets for tax year 2026. The ...

On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the federal income tax brackets and standard deduction. The standard deduction — ...

White House denies report of Trump considering removing FBI director ...

The One Big Beautiful Bill Act has new twists relating to charitable giving that hit in 2026. Tax filers should review giving ...

"Whenever there is a proposal for a tax cut, media pundits demand to know how you are going to pay for it. But when there are proposals for more spending on social programs, those same pundits are ...

Still, residents who qualified for those tax breaks would lose out. A qualifying senior who can't claim the extra $6,000 deduction on a tax return would lose $360 to $390, estimated Richard Pon, a San ...