From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...
The most significant tax overhaul since 2017 creates unprecedented opportunities—but only for those who act before December 31, 2025.
The rule has limitations, and the IRS has yet to provide clear guidance on how companies should report qualified overtime ...
Both the tax brackets and the standard deduction for the 2026 tax year, which is filed in 2027, have increased to reflect inflation. Other changes from the 'One Big Beautiful Bill' have also been ...
Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...
While the "One Big Beautiful Bill" signed into law by President Trump on July 4 didn't eliminate taxes on Social Security ...
Just when you thought you knew your federal income taxes, here comes a curveball: Key tax breaks are disappearing in 2026. During his first presidency, Donald Trump signed the Tax Cuts and Jobs Act ...
35% cap on deduction value: For only those in the top 37% tax bracket, the tax benefit from all itemized deductions (not just ...
The SCDOR wants retired South Carolinians and those who are 65 and older to know about tax deductions and exemptions the state offers its older citizens. Not all of these tax deductions and exemptions ...