The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how to choose the option that’s best for you.
The new senior tax deduction ushered in by the 'Big, Beautiful Bill' is worth up to $6,000 per qualified filer.
Q. Hi, Dan. I don’t understand why people are talking about the new deduction for charitable gifts next year. Haven’t charitable gifts always been deductible? — Carl in Rockledge A. Carl, for millions ...
As you noted in your February 21 issue (“Charities Offer Mixed Reviews of Bipartisan Plan to Help Religious Groups”), many charity leaders may support a Senate proposal that would give people who do ...
The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...
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