Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?

The IRS has officially released the inflation-adjusted tax brackets and standard deductions for 2025. Find out what's new and ...

As a taxpayer, you pay tax as a percentage of your income in layers called tax brackets, according to the IRS. Here’s a look ...

Taxpayers and businesses are encouraged to review IRS instructions and updates closely as new rules take effect.

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

Seniors could keep more money with new tax break phasing in for 2025 returns. The extra deduction helps lower- and ...

Act that President Trump signed into law last July implemented multiple changes to the tax code, including for seniors.  One ...

Are you seeing a different amount than you were expecting in your first paycheck of 2026? Here’s a look at the new IRS tax ...

The latest changes come after the passage of the One, Big, Beautiful Bill Act (OBBB), which was signed into law on July 4, ...

Taxpayers will see higher deductions, new breaks on tips and overtime, and changes to credits when filing 2025 returns, ...

The One Big Beautiful Bill has changes in it that will impact tax rules in South Carolina. Here’s what to know before you ...