Question: Is it worth going through the effort of adding up all my out-of-pocket medical expenses, charitable contributions and other items or should I just take the standard deduction for 2024?
CPAs answer a range of your everyday tax questions about tax returns, deductions, personal finances, and more.
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 IRS has announced several updates that will impact how Americans file their taxes over the next two years.
Homeowners who have been taking the standard tax deduction in recent years might want to give itemization another look this year. The One Big Beautiful Bill Act comes with a slew of updates affecting ...
The 2017 Tax Cuts and Jobs Act (TCJA) took major steps towards reducing the scale of itemization in the individual income tax by raising the standard deduction and limiting certain deductions. At the ...
TAMPA, Fla. (WFLA) — The Internal Revenue Service has announced new tax inflation adjustments for the 2026 tax year. Thursday ...
President Donald Trump's tax and spending bill revives and expands homeowner tax breaks — while making the current mortgage interest deduction cap permanent. The $750,000 limit on deductible mortgage ...
New Jersey residents are getting the most out of filing their taxes. According to a SmartAsset 2025 survey, Where Americans Write Off the Most in Taxes, taxpayers from the Garden State have lightened ...
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