The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...

With the 2026 standard deduction soaring to $32,200 for joint filers and SALT cap changes, should you still itemize? We break down the pros and cons.

When the Tax Cut and Jobs Act of 2017 (TCJA) was a major overhaul of the federal tax code that was designed to both reduce taxes and simplify tax filings for most taxpayers. You may recall that tax ...

President Donald Trump’s One Big Beautiful Bill Act (OBBBA) raised the state and local tax (SALT) cap deduction to $40,000 from the previous $10,000, as previously reported by GOBankingRates. For ...