Adjustments to the extra standard deduction can impact the tax bills of millions of older adults. Here are some new amounts to know for 2026.
To be clear, the 2026 standard deduction applies to income you earn in 2026 but is for the tax return you'll file in 2027.
Political donations from an LLC to candidates, PACs, or campaigns are not deductible. Charitable contributions by an LLC are ...
Every year, as you file your federal income tax return, you have an important decision to make: itemize, or take the standard ...