The IRS has updated standard deduction amounts for 2026 to reflect inflation and recent law changes, helping taxpayers avoid ...

The Internal Revenue Service has increased the optional standard mileage rate for business use of automobiles for 2026.

The Internal Revenue Service announced this week that it will adjust its optional standard mileage rates for 2026, increasing the deduction for business travel while lowering the rate for medical and ...

Benjamin Franklin famously quipped that there’s nothing certain in life other than death and taxes. Any changes to the latter pique the interest of most Americans. As it does annually, the IRS ...

The standard deduction is increasing in 2026; here's what it could mean for you. Each year, the IRS adjusts certain figures to keep up with inflation, and one of them is the standard deduction. And we ...

The standard deduction is rising in 2026 by $350, or $700 for couples. The tax brackets are changing slightly as well. Assuming the same income, your tax bill could go down slightly for 2026. Each ...