The One Big Beautiful Bill Act is making several major impacts on 2026 tax returns. Here are six notable changes that filers ...
The 2026 basic standard deduction amounts represent an increase of 2.22%. That continues a string of smaller increases, ...
Older taxpayers now have access to some of the most generous standard deduction rules on record, and the stakes are high for ...
Child Tax Credit: This tax credit increases by $200 year over year, to $2,200 per child for the 2025 tax year. It applies to ...
Taken together with the inflation measure the IRS uses, the agency says that—on average—the inflation-adjusted tax numbers ...
Social Security represents a major source of monthly income for many citizens, especially retirees. The "new" deduction will ...
The Tax Foundation, a nonpartisan think tank, estimates that the various tax cuts included in the bill will increase the ...
The IRS widened income ranges for most tax brackets, which could slightly reduce how much is withheld from paychecks.
Federal tax code overhaul under the One Big Beautiful Bill Act delivers sweeping changes for individuals and businesses, ...
Trump predicts record tax refunds in 2026. Here’s how new tax laws, withholding changes, and timing could mean a bigger ...