Tag Archive for: standard deduction

Now That You’re Done With Your Taxes, Here’s What To Know For 2026

While the 2025 filing year has wrapped up for most people, recent tax law changes—some introduced last summer and others already in effect—are still shaping how you should approach the year ahead. Here are the key moves to consider for 2026.

Trump’s 2025 Tax Plans: Experts Weigh In On What Could Happen

Several of Trump’s tax plan proposals could bring drastic shifts to the current tax structure. Here are six predictions from some of the country’s top tax experts and economists on what could lie ahead.

This Charitable Giving Strategy ‘Almost Always’ Provides The Biggest Tax Break, Advisor Says

Qualified charitable distributions, or QCDs, are direct transfers from an individual retirement account to a non-profit organization. Additionally, retirees can give more in 2024, according to the IRS. Financial experts say this is a key move to maximize a tax break.

2025 Tax Brackets: Here’s Why Your Paycheck Could Be Bigger Next Year

The IRS typically makes tax code changes each year to account for inflation. This also helps prevent "tax bracket creep," which could push you into a higher tax bracket, despite inflation eating into your wages. Read everything you need to know about next year's tax brackets and the standard deduction increases.

Answers To 15 Common Tax Questions

This is the time of the year people are searching for free tax help they can trust, trying to squeeze out more valuable deductions, hoping to avoid penalties or audits, eagerly awaiting their refunds or wanting to make sure they aren’t victims of tax scams. Read on for answers to the most common tax questions.

Tax Refund 2024 Payment: How Much Could The IRS Payment Increase This Year?

Many Americans are wondering what changes they can expect in their tax refund checks for 2024, especially after the unexpected reduction in refunds due to the expiration of pandemic-era federal benefits last year. The good news is that taxpayers might be in for a pleasant surprise this year, with the potential for larger refunds.