Both the standard deduction and itemized deductions reduce the amount of tax you pay in a given year. So which is better?

California Conservation Corps crews place silt socks around burned homes in Pacific Palisades in preparation for the expected rain on Jan. 25. (Christina House / Los Angeles Times) After the January ...

The IRS has released new federal income tax brackets for 2026, the agency announced in a news release published on Thursday, Oct. 9. The updates are due to changes in inflation and a new tax law that ...

TAMPA, Fla. (WFLA) — The Internal Revenue Service has announced new tax inflation adjustments for the 2026 tax year. Thursday, the IRS posted several notable changes, including those from the ...

The IRS has set the 2026 tax brackets and standard deductions, keeping seven rates in place while shifting the income thresholds upward to account for inflation and to reflect changes enacted in the ...

The Internal Revenue Service (IRS) on Thursday announced annual inflation adjustments for dozens of tax provisions, along with changes made under the One Big Beautiful Bill Act (OBBBA). The IRS' ...

After the January fires that destroyed thousands of residences, victims who lost their clothing, furniture and other possessions faced a daunting task: creating a list of itemized losses to submit to ...

Tax deductions can lower the amount of income that is subject to tax. Here's more on how tax deductions work, plus 25 tax breaks that might come in handy.

The IRS just released its 2026 inflation adjustments, and this information will shape everything from your paycheck to your refund next year. The new numbers, the first full update under the One Big, ...

Every year, the MIT Technology Review newsroom produces this list of some of the most promising climate tech firms on the planet. It’s an exercise that we hope brings positive attention to companies ...