New tax brackets, higher standard deductions and expanded credits are now in effect — changes that could boost paychecks and ...

As it does each year, the IRS has announced inflation adjustments to several tax credit and deduction amounts for 2026. This includes new 2026 income tax bracket thresholds, higher standard deduction ...

Older taxpayers now have access to some of the most generous standard deduction rules on record, and the stakes are high for ...

Taken together with the inflation measure the IRS uses, the agency says that—on average—the inflation-adjusted tax numbers ...

Millions of retirees are about to get a rare piece of good news from the tax code. A new federal deduction worth up to $6,000 ...

The IRS released the 2026 standard deduction amounts you’ll use for your 2026 tax return — and they're higher than ever. The IRS adjusts these amounts for each filing status every year. And since ...

Tax season in 2026 will look very different for older Americans filing 2025 returns, as a new wave of deductions reshapes how income, Social Security and retirement savings are treated. For people 65 ...