As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.
Starting next year, more households will need to calculate or pay the AMT. The rules are complicated. Here's how financial ...
The IRS has released the 2026 tax brackets, as well as the new standard deductions and several other inflation-related adjustments. Although the marginal tax rates have not changed, the new tax ...
Hobby expenses, international tax updates, a government watchdog looks at the IRS, gold and platinum visas, an ERC lawsuit is tossed, tax trivia and more.
The standard deduction is also going to increase for the 2026 tax year, so those high earners who claim the standard deduction will get to subtract more of their money from their taxable income. The ...
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.
Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.
Political donations from an LLC to candidates, PACs, or campaigns are not deductible. Charitable contributions by an LLC are ...
The lawyer's claims that plaintiffs had violated federal law were opinions based on disclosed facts, the court concludes.
Some states continue to hand out huge tax cuts to millionaires. The five largest tax cuts this year will cost states a total ...
Paying for college can feel overwhelming, but smart tax planning can make a real difference. The IRS offers several education ...
Joyful Journeys' book club; Sarasota Medieval Fair; VITA seeks support; Sarasota Choral Society; ensembleNEWSRQ; literacy ...