Tax rules in 2026 tilt even more heavily toward people who take the standard deduction, thanks to new above the line write ...
Learn how to deduct casualty and theft losses on your taxes effectively. Understand eligibility, criteria, and the filing ...
This article is the first in a new column, Personal Financial Planning, covering the role of CPAs in advising individuals and ...
Thanks to changes to the tax laws, 2026 gives taxpayers a chance to take a fresh look at their charitable giving. Whether you’re donating cash, stock or money from your retirement account, a little ...
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 ...
Few pieces of legislation have sparked as much discussion as the One Big Beautiful Bill Act. Since its passage, the act has been celebrated by some for its tax cuts and denounced by others for its ...
If you regularly make donations to tax-exempt charities and non-profits, you should be aware of upcoming rule changes governing how much of your contributions will be deductible.Some of the changes, ...
A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify and claim the deduction when they file their taxes this year.
In proposed regulations for the car loan interest deduction, the IRS addresses issues for taxpayers and lenders, including eligibility criteria for the deduction and information-reporting requirements ...
There are several tax law changes that can help defray the cost of owning - or selling - a home. Here's what to know.
You don't need to itemize to save on taxes in 2026. These 13 overlooked deductions and adjustments can lower your taxable ...