The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.

Standard tax deductions are increasing across the board, but the news is even better for those 65 years and older.

Tax deductions can lower the amount of income that is subject to tax. Here's more on how tax deductions work, plus 25 tax breaks that might come in handy.

Retirees can save more by claiming often-overlooked tax deductions. Explore 12 key write-offs that may lower your tax bill and help stretch retirement income.

Each year, the IRS adjusts this deduction to reflect inflation and the rising cost of living. When the deduction increases, ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

Charitable tax deductions are about to see the biggest changes in nearly a decade in 2026 thanks to President Donald Trump ’s ...

The IRS raised 2026 tax brackets and deductions, giving retirees more room to keep their income tax-free. Here's how to make ...

If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the ...

The rule has limitations, and the IRS has yet to provide clear guidance on how companies should report qualified overtime ...

President Donald Trump's "big, beautiful bill" raised the SALT cap to $40,000 from $10,000 starting with tax year 2025, ...

Both the tax brackets and the standard deduction for the 2026 tax year, which is filed in 2027, have increased to reflect ...