Standard tax deductions are increasing across the board, but the news is even better for those 65 years and older.
Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...
The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger ...
Charitable tax deductions are about to see the biggest changes in nearly a decade in 2026 thanks to President Donald Trump ’s ...
The Daily Overview on MSN

IRS reveals new 2026 tax break for seniors

The IRS has unveiled its updated 2026 tax brackets and standard deductions, featuring an additional standard deduction for ...
The IRS has released 2026 tax brackets with adjusted income thresholds for inflation, though marginal tax rates remain ...
The AICPA said taxpayers and tax professionals need certainty about how to claim the deductions for 2025. The IRS has said it will not update its forms until 2026.
The Southern Maryland Chronicle on MSN

IRS Eases 1099-K Rules with $20K Limit

The Internal Revenue Service issued updated frequently asked questions on Form 1099-K on Oct. 23, 2025, clarifying reporting ...
Both the tax brackets and the standard deduction for the 2026 tax year, which is filed in 2027, have increased to reflect ...