A bigger standard deduction, changes in the itemizing rules and new temporary deductions all complicate the decision. Here’s how to choose the option that’s best for you. When it comes to federal ...
"No Tax on Overtime" – Do You Qualify?
Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest, and seniors. What ...
If you are in the process of filing 2025 state and federal income tax returns, you may be stumped by the decision to either file using standard deduction or spend the extra time and effort needed to ...
Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. When President Trump signed the One Big, Beautiful Bill Act (OBBBA) into law ...