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

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

The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know ...

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 ...

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 ...

Learn how to deduct casualty and theft losses on your taxes effectively. Understand eligibility, criteria, and the filing ...

If you're ready to file your 2025 income taxes (and receive your potential tax refund) early, here is the information and ...

The SALT deduction is only available to taxpayers who itemize their deductions rather than claiming the widely used standard deduction The decision on whether to take the standard deduction or itemize ...

In 2026, the IRS raises standard deductions to $16,100 for singles. Above-the-line deductions reduce taxable income directly.

HUNTSVILLE, Ala. (WAFF) - The One Big Beautiful Bill Act will impact the way you pay taxes this year, especially if you plan to use itemized deductions. Financial expert Jay McGowan from the Welch ...