The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know ...

Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?

With the 2026 standard deduction soaring to $32,200 for joint filers and SALT cap changes, should you still itemize? We break ...

As a taxpayer, you pay tax as a percentage of your income in layers called tax brackets, according to the IRS.

HUNTSVILLE, Ala. (WAFF) - The One Big Beautiful Bill Act will impact the way you pay taxes this year, especially if you plan to use itemized deductions. Financial expert Jay McGowan from the Welch ...

The bill will have the most sizable benefit for lower and middle-income taxpayers, especially those age 65 and above.” ...

As Treasury Secretary Scott Bessent announced last year, taxpayers will receive “very large refunds,” in his own words, ...

Simple W-4 adjustments and new deductions for tips, overtime and seniors could add $200+ monthly to take-home pay starting ...

New 2026 gambling tax limits loss deductions to 90%, raising taxes for bettors. Learn how Congress is responding and what ...

Until enactment of the One Big Beautiful Bill Act, officially P.L. 119-21, the availability of a below-the-line deduction that was not the standard deduction or an itemized deduction was a rare event.