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

The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big Beautiful Bill Act, taxpayers 65 and older can claim an additional $6,000 without itemizing their ...

As Treasury Secretary Scott Bessent announced last year, taxpayers will receive “very large refunds,” in his own words, ...

Each spring, millions of taxpayers face a deceptively simple question — take the standard deduction or itemize? For those not versed in the lingo of taxes, the distinction can be confusing. But ...

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 filing for 2026 is shaping up to be very different from the last few years, with a larger standard deduction and a fresh ...