The IRS recently updated its income tax bracket ranges and the standard deduction for 2025. Depending on your income level, ...

Lawmakers face a tough decision this year: hike the national debt to extend the Trump-era tax cuts or let them expire and ...

Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as ...

While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, ...

With tax season here, understanding whether to itemize deductions or take the standard deduction can help you maximize ...

Common deductions include charitable donations, medical expenses, mortgage interest, and state or local taxes — especially for residents of high-tax states. Tax credits, however, directly reduce ...

As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say. Enacted via the Tax Cuts and Jobs Act ...

This Market Intel report is the second in a series that explores the expiring TCJA provisions – including individual tax provisions, qualified business income deductions, capital expensing provisions ...