Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...
Standard tax deductions are increasing across the board, but the news is even better for those 65 years and older.
Here are the tax rate schedules, tax tables and cost-of-living adjustments for 2026, including new and increased deductions ...
The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger ...
The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
The AICPA said taxpayers and tax professionals need certainty about how to claim the deductions for 2025. The IRS has said it will not update its forms until 2026.
These measures include interest deductions, penalty relief, and simplified reporting options, giving those affected greater ...
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 IRS has released the 2026 tax brackets, as well as the new standard deductions and several other inflation-related adjustments. Although the marginal tax rates have not changed, the new tax ...
The 2026 IRS tax updates raise deductions and credits for homeowners. Here's how much you could save next year.
Both the tax brackets and the standard deduction for the 2026 tax year, which is filed in 2027, have increased to reflect ...