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2026 tax update: Bigger standard deduction plus new business write-off wins
Tax filing for 2026 is shaping up to be very different from the last few years, with a larger standard deduction and a fresh ...
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2025 Tax Deduction Change for Those Over Age 65
As it does each year, the IRS has announced inflation adjustments to several important credit and deduction amounts for 2025. This includes (but isn’t limited to) new 2025 income tax brackets and ...
Taxpayers can reduce their IRS bill by deducting qualifying expenses from their taxable income. The easiest way to do that is to take the standard deduction, a flat rate offered to nearly all ...
The standard deduction is rising in 2026 by $350, or $700 for couples. The tax brackets are changing slightly as well. Assuming the same income, your tax bill could go down slightly for 2026. Each ...
Benjamin Franklin famously quipped that there’s nothing certain in life other than death and taxes. Any changes to the latter pique the interest of most Americans. As it does annually, the IRS ...
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