Deciding how to file your taxes as a married couple can have a meaningful impact on your return. Depending on your situation, ...

One of the biggest tax decisions that a couple can make is whether to take the standard deduction or itemize. The standard deduction offers a straightforward way to reduce your taxable income. In 2025 ...

2. A debtor-creditor relationship must exist at the time the debt arose. You have a loss if there was a promise to repay at the time the debt was created and you had the right to enforce it. If the ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

IRS raises 401(k) contribution limit to $24,500 for 2026 IRA contribution caps and catch-up limits rise under SECURE 2.0 ...

Selling something that has shot up in value — think appreciated stocks, bitcoin bought for pennies, a rental building, or a ...

Higher contribution caps and expanded catch-up limits boost savings potential for 401(k), IRA, and SIMPLE account holders ...

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 ...

They’re here! The IRS just announced the new contribution and benefit limits for 2026 for 401(k)s, IRAs, 403(b)s, 457s and more.

IRS adjusts 2026 tax brackets, deductions, and expat exclusions — changes that could impact how Americans abroad file and save on next year’s returns. AUSTRALIA ...