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.

Carl Carlson, founder and CEO of Carlson Financial, looks at the difference between standard and itemized deductions on your ...

For the 2026 tax season, knowing the standard deduction is vital, as it reduces taxable income without itemizing, offering taxpayers a simpler path to lowering their taxes efficien ...

Each spring, millions of taxpayers face a deceptively simple question — take the standard deduction or itemize? For those not versed in the lingo of taxes, the distinction can be confusing. But ...

From student loan interest to retirement contributions, explore above-the-line tax deductions that could reduce your taxable income and lower your tax bill.

When tax season rolls around, deductions and credits can make a real difference in how much you owe -- or how much you get ...

OBBBA has introduced a ‘Seniors Deduction’ for retirees over 65, of up to $6,000 for individuals ($12,000 for couples), in 2026 tax filings.

Here’s what’s new for the 2025 tax returns, even if nothing changed, there are several changes to various deductions for filing a return.

The new $6,000 deduction goes into effect for the 2025 tax year and will continue through 2028 for those aged 65 and older.