As part of the 2017 tax reform law, sole proprietors and owners of pass-through businesses like LLCs, S corporations, and partnerships may be eligible for a deduction of up to 20% to lower the tax ...

Tax brackets and standard deductions have increased for tax year 2025. Here's how it affects you. Although inflation has ebbed, taxpayers will continue to enjoy inflation adjustments to their 2025 ...

The Internal Revenue Service (IRS) on Tuesday announced its inflation adjustments to tax brackets and deductions for the ... We've added you to our mailing list.

Gifts to donor-advised funds may be used to secure a charitable deduction ... ensure they maximize tax efficiencies and are aligned with broader wealth goals. The "nice" list of reasons to ...

The Internal Revenue Service on Tuesday announced the annual inflation adjustments for standard deductions, marginal tax rates, earned income tax credits, adoption credits and more for 2025.