Each year, the IRS adjusts certain figures to keep up with inflation, and one of them is the standard deduction. And we just got updates for 2026 for this and most other inflation-dependent IRS ...

A bigger standard deduction, changes in the itemizing rules and new temporary deductions all complicate the decision. Here’s how to choose the option that’s best for you. When it comes to federal ...

If you are in the process of filing 2025 state and federal income tax returns, you may be stumped by the decision to either file using standard deduction or spend the extra time and effort needed to ...