The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how to choose the option that’s best for you.

Most people go with standard deduction when filing income tax returns, but depending on ax situation, you may want to itemize ...

Three items just for older Americans that can help seniors cash in.

Americans filing their taxes this year will see several significant changes — including a larger standard deduction, new tax ...

TOPEKA, Kan. (WIBW) - It’s a question many people ask themselves this time of year: Should you go with the standard income tax deduction or itemize? Carl Carlson, founder and CEO of Carlson Financial, ...

It's a decision that every taxpayer is faced with when choosing how to claim deductions on their federal tax return: Do you take the standard or do you itemize? Making the right choice could mean more ...

If you’re 65 or older, you can benefit from some generous provisions of the tax code. In addition to a larger standard deduction, seniors now qualify for a new bonus deduction that applies from 2025 ...

Every year, filing your taxes can be a daunting — and pricey — task. The federal government requires you to pay taxes, but there are ways to minimize how much you owe. One of those ways is by taking ...

As you noted in your February 21 issue (“Charities Offer Mixed Reviews of Bipartisan Plan to Help Religious Groups”), many charity leaders may support a Senate proposal that would give people who do ...

GoodRx, a platform for medication savings, highlights seven commonly overlooked deductions and how to claim them.

The new senior tax deduction ushered in by the 'Big, Beautiful Bill' is worth up to $6,000 per qualified filer.