Most people go with standard deduction when filing income tax returns, but depending on ax situation, you may want to itemize deductions.

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...

Retirement comes with many financial surprises. One of them is how tax regulations change once you cross that magical threshold of turning 65. Let's be real, when you hear about a deduction worth ...

Retirees will see a nice change to their returns this year.

The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and cost-of-living adjustments.

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 ...