Tax rules in 2026 tilt even more heavily toward people who take the standard deduction, thanks to new above the line write ...

Simple W-4 adjustments and new deductions for tips, overtime and seniors could add $200+ monthly to take-home pay starting ...

Homeowners now have the chance to write off much more of their state and local tax bills, and this could potentially lead to bigger tax refunds. That’s if they play their cards right on the SALT ...

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American taxpayers aged 65 and older will receive a new $6,000 bonus tax deduction next year as part of President Donald Trump’s One Big Beautiful Bill Act. The temporary deduction comes alongside ...

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 ...

A federal appeals court has clarified how mandatory wage deductions for employee purchases impact employer liability, reversing Jack in the Box on payroll practices. The Ninth Circuit's decision in ...

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 ...

The SALT deduction is only available to taxpayers who itemize their deductions rather than claiming the widely used standard deduction The decision on whether to take the standard deduction or itemize ...

A deduction to defray homeowners’ state income taxes and local property taxes is getting much more generous, following fierce debate among lawmakers in Washington. The focus on the write-off is now ...

It’s nearly the end of the year, the traditional time for giving but before opening your wallet, you should know how tax rules are changing so you can maximize your gifts. Itemizers should hit fast ...

This November, Washington voters will be asked to approve Senate Joint Resolution 8201, a proposed constitutional amendment that would allow the state to invest public dollars from the WA Cares Fund – ...