Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

Many Americans are likely to see massive changes to their taxes in 2026, especially seniors. That’s largely due to President Donald Trump’s so-called big, beautiful bill, a massive 940-page bill ...

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Christine Benz: Hi, I’m Christine Benz for Morningstar. People who are 65 and older may be able to take advantage of a new senior deduction starting in 2025. Joining me to discuss what you need to ...

The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...

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The OBBBA brings significant changes to the treatment of R&E expenditures and business interest deductions, benefitting ecommerce businesses. Proper documentation and expert CPA guidance are key to ...

Some new rules concerning the deductibility of charitable contributions were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big Beautiful Bill Act. The changes introduce incentives ...

The Internal Revenue Service has announced new tax inflation rates, standard deductions and new federal income tax brackets for 2026 — and the adjustments may surprise you. While the tax rate ...

The IRS released the new federal income tax brackets and standard deductions for 2026. Here's what to know about the new tax rates and how the changes will affect you. New IRS updates announced on ...

The Internal Revenue Service announced new federal income tax brackets for 2026 with slight increases and a higher standard deduction. Tax rates themselves will remain unchanged, ranging from 10% for ...