As you transition into retirement, your income sources may change, but your tax obligations remain. The good news is that the IRS standard deduction for retirees can significantly reduce your taxable ...

Every year, as you file your federal income tax return, you have an important decision to make: itemize, or take the standard ...

The IRS confirms updated 2026 standard deductions for all taxpayers, reflecting inflation adjustments across filing statuses.

If you’re retired and filing taxes, these tax credits and deductions could provide thousands in relief (if you qualify).

Both the tax brackets and the standard deduction for the 2026 tax year, which is filed in 2027, have increased to reflect ...