Taxpayers and tax professionals alike expected the IRS to issue new withholding tables and Forms W-2 to reflect changes under the One Big Beautiful Bill Act. The IRS now says that won’t happen in 2025 ...
The Tax Foundation, a nonpartisan think tank, estimates that the various tax cuts included in the bill will increase the ...
Business Intelligence | From W.D. Strategies on MSN

5 tips for claiming the new $6,000 senior tax deduction in 2026

Retirement is supposed to be a time when things get simpler. You've worked hard for decades, and now you expect to reap the ...
The Internal Revenue Service has quietly locked in the numbers that will govern how much of your 2026 income is taxed, and ...
Tax deductions reduce your taxable income to help lower your overall tax bill. While most people claim the standard deduction, there are dozens of lesser-known opportunities that could help you keep ...
When you file your taxes, itemizing deductions can help you reduce your taxable income. Some people are eligible to deduct their sales tax. If you choose to itemize deductions, you’ll have the option ...
Trump predicts record tax refunds in 2026. Here’s how new tax laws, withholding changes, and timing could mean a bigger ...
It’s a pretty safe bet that most people don’t enjoy tax time. Whether you’re expecting a refund or not, the mounds of paperwork, number crunching, and endless labyrinth of changing rules can spark ...
H.R. 1, P.L. 119-21, the law commonly known as the One Big Beautiful Bill Act (OBBBA), contains provisions of special ...