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Although the due date for your 2025 federal income tax return is a long way off (it's not until April 15, 2026), smart ...
If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.
Although the due date for your 2025 federal income tax return is a long way off (it's not until April 15, 2026), smart taxpayers will start thinking about their tax bill for the new year far in ...
The Internal Revenue Service (IRS) has announced a new standard deduction for married couples filing jointly for the tax years 2024 & 2025. TRAVERSE CITY, MI, UNITED ...
A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering ...
One of many items on the legislative “watch list” is the standard deduction. Greater Cincinnati Foundation (GCF), the region’s leading community foundation, connects generous people with trusted ...
In light of the recent GOP tax bill being signed into law by President Trump, many may wonder: What is the new standard deduction? The reconciliation bill, dubbed the "One Big Beautiful Bill" (OBBB), ...
Question: Is it worth going through the effort of adding up all my out-of-pocket medical expenses, charitable contributions and other items or should I just take the standard deduction for 2024?
If you’re a homeowner preparing to file your taxes, you’ve probably asked yourself: Should I take the standard deduction or itemize? The answer could make a big difference in how much you save—and it ...
President Donald Trump’s One Big Beautiful Bill Act, which was recently signed into law, offers Americans a number of tax benefits. It makes many of the changes from the Tax Cuts and Jobs Act (TCJA) ...