The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...
The proposed regulations clarify points including the interaction of qualifying occupations for which tips are customarily ...
While the "One Big Beautiful Bill" signed into law by President Trump on July 4 didn't eliminate taxes on Social Security benefits (a promise Trump made on the campaign trail), it did provide a ...
Older taxpayers now have access to some of the most generous standard deduction rules on record, and the stakes are high for anyone trying to stretch retirement income. The federal tax code offers an ...
New tax rules for seniors bring bigger deductions, potential refunds & planning opportunities, with impacts on retirement ...