States differ on whether to conform to HR-1, leaving taxpayers with a patchwork of rules depending on where they live.
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What are itemized deductions? Full guide to maximizing your tax break
The IRS allows you to claim deductions that reduce the amount of tax you owe. Those deductions either are itemized deductions ...
Union Budget 2026: Finance Minister Nirmala Sitharaman has maintained the standard deduction at Rs 75,000 for salaried ...
Here's a look at some of the most commonly assumed tax breaks that either no longer exist or simply don't work the way people expect any more.
WASHINGTON — The 2026 tax filing season officially kicked off on Monday. The Internal Revenue Service said in a news release that it expects to receive about 164 million individual income tax returns ...
CNBC’s Sharon Epperson explains the standard deduction for 2025 tax returns. For more Tax Tips, go to cnbc.com/money101 to sign up for the “Money 101 Newsletter ...
JACKSONVILLE, Fla. – Tax season is officially underway, and taxpayers have until April 15 to file their returns. This year brings important changes, including increased standard deductions for the ...
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