Photo by Mike Bird on Pexels In 2025, freelancers in Scioto Valley face a notable change in how they manage their business ...
A Republican call to give Americans cash instead of health insurance subsidies revives an old idea that has left millions ...
The Internal Revenue Service (IRS) released some very interesting information: In the next few yeas, many people in the ...
For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...
The Internal Revenue Service and the U.S. Treasury Department have released new guidance explaining how millions of American workers can claim federal deductions on cash tips and overtime income for ...
Learn how students and first-job earners can choose the right tax regime to maximize in-hand salary and build long-term ...
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Standard Deduction for a Widow Over 65: Rules and Strategies
The standard deduction for a widow over 65 can be higher than that of the average taxpayer. This has the potential to lower ...
A lot of financial experts estimate that 65%–70% of salaried people may actually benefit from the new tax regime if they don’t fully use 80C. But people who invest regularly — PPF, ELSS, NPS, home ...
The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...
Each spring, millions of taxpayers face a deceptively simple question — take the standard deduction or itemize? For those not versed in the lingo of taxes, the distinction can be confusing. But ...
Washington, D.C., has temporarily suspended several new federal tax breaks, such as no tax on tips, no tax on overtime, and the $6,000 bonus senior deduction, according to USA TODAY. The district ...
Beginning in 2026, tax filers who claim the standard deduction may be allowed to take a new above-the-line deduction for cash contributions to qualifying charities. You will not need to itemize ...
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