Every year, as you file your federal income tax return, you have an important decision to make: itemize, or take the standard ...

For those not versed in the lingo of taxes, the distinction can be confusing. But understanding which path is right for you ...

Many people aim to write checks to their favorite charities sometime before Dec. 31, as part of year-end giving. Yet, key tax ...

Deciding how to file your taxes as a married couple can have a meaningful impact on your return. Depending on your situation, ...

Significant changes to tax deductions for charitable giving will take effect in 2026. A new deduction will allow non-itemizers to deduct up to $1,000 for single filers and $2,000 for married couples.

Giving to charity feels good, but understanding the tax benefits can benefit both the charity and you. Whether you donate regularly or are planning your first gift, knowing how charitable ...

The SALT deduction is only available to taxpayers who itemize their deductions rather than claiming the widely used standard deduction The decision on whether to take the standard deduction or itemize ...

"Withholding." "Adjusted income." "Standard deduction." With Tax Day approaching, many new to the workforce are searching for explanations to help them make sense of all the lingo. Shannon McLay knows ...

The higher standard deduction since 2017 has dramatically reduced itemization. But the new law provides incentive for ...