The need for long-term care can happen at any point in your life, and the costs can be daunting. According to the U.S. Department of Health and Human Services, among those turning 65 between 2021 and ...

The new IRS tax brackets move deductions up in the wake of President Donald Trump's "One, Big, Beautiful Bill." ...

The One Big Beautiful Bill Act has supersized the standard deduction for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim up to $6,000 in addition to the ...

The updates affect more than 60 tax provisions and are expected to apply to returns filed in 2027 for the 2026 tax year.

Despite its partial closure due to the government shutdown, the agency shared details Thursday of the new federal income tax ...

For financial advisers and wealth managers, these IRS adjustments and OBBB reforms highlight a clear message: tax planning is ...

The IRS has released its 2026 tax brackets and other key updates — and most Americans will see slightly larger deductions ...

The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.

The IRS has released the new income limits for federal income tax brackets for the tax year 2026. The brackets you fall into determine how much you owe at tax time. For 2025 returns, which will be ...