For tax year 2026, the standard deduction will be $32,200 for married couples filing jointly. For single taxpayers and married individuals filing separately, the standard deduction rises to $16,100 ...

Gig workers get a tax break with higher mileage rates for 2026. The IRS increased business driving deductions to 72.5 cents ...

Tax season is about to collide with one of the biggest rewrites of the code in years, and the result could be a noticeably different refund for millions of filers. Between routine inflation ...

The IRS has announced the new standard mileage rates for 2026. See the updated rates for business, medical, and moving ...

Of your many responsibilities as a small business owner, ensuring that your employees’ pay is calculated accurately ranks near the top of the list. That includes withholding the correct amounts for ...

America’s tax code can be a rather tricky one, making the process of doing your taxes seem incredibly laborious — not to mention expensive. Year after year, taxpayers have to make their way through ...

Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...

Various farm programs as established by the Farm Service Agency have various limits based on the farmer’s adjusted gross income (AGI). However, some of these programs also allow for either a double ...

The alternative minimum tax (AMT) calculation determines whether a taxpayer must pay an additional amount beyond their ...