You need your adjusted gross income from last year's taxes to file your federal income tax return online in 2026.
The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and cost-of-living adjustments.
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.
With 2026 almost here, it’s time for New Year’s tax resolutions. This year, I suggest readers focus on three issues likely to confuse them, based on Tax Report’s reader mail and comments. These are ...
High net worth donors face a new reality this year. As of Jan. 1, the One Big Beautiful Bill Act (OBBBA) has changed the rules for charitable tax breaks, making it harder for wealthy clients to reduce ...