Looking ahead to your 2025 taxes and wondering about standard tax deduction amounts for each filing status? Here's what's ...

The most overlooked tax credits involve energy home improvements.” — Doug Throneburg, CPA, CFP and head of wealth management ...

Homeowners have two choices when claiming deductions to reduce their taxable income: the standard or itemized deduction. But ...

If you had substantial health care expenditures last year, you may be able to deduct some of them from your taxable income.

The deadline to file your taxes is less than a month away, and if you’re doing them for the first time, you might be feeling ...

With tax season here, understanding whether to itemize deductions or take the standard deduction can help you maximize ...

The Inflation Adjustments announced by the IRS affect some amounts in credits and deductions for 2025, for the better, as tax ...

The bill would adjust deductions and exemptions based on income levels, allowing more taxpayers to qualify for the highest ...

The alternative minimum tax (AMT) can reduce or eliminate the benefit of the standard deduction for certain taxpayers, particularly those with higher incomes or specific types of tax-preference items.

The Tax Cuts and Jobs Act, or TCJA, Trump’s sweeping overhaul of the tax code, is expiring at the end of this year. Here’s ...

The 2025 tax season is underway. Claiming the standard deduction instead of your actual deductions is much easier, but it ...