The 2026 standard deduction for dependents is limited to either $1,350 or the sum of $450 and the dependent’s earned income, ...

A number of changes are in store for taxpayers in the coming years and the Internal Revenue Service just gave insight into ...

Tax season: Everyone’s favorite time of year has just begun. This year, the Internal Revenue Service opened the tax filing season on Jan. 27. The deadline for filing (without an extension) is April 15 ...

The IRS says the standard deduction and earned income tax credit are each going up slightly in 2026 for most taxpayers.

The One Big Beautiful Bill raised the standard tax deduction for married couples from $30,000 to $31,500 for tax year 2025, ...

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