The standard deduction for a widow over 65 can be higher than that of the average taxpayer. This has the potential to lower your taxable income and reduce your federal tax bill. This is because widows ...

Savvy tax planning is often thought of as the purview of the highly wealthy, and that’s true as far as it goes. The affluent do use trust arrangements, philanthropic giving and other strategies to ...

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 ...

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PHOENIX (KVOA) - Gov. Katie Hobbs has taken a step to alleviate tax burdens for middle-class Arizonans by signing Executive Order 2025-15. This order directs the Arizona Department of Revenue to ...

The new temporary tax break 'makes a good idea even better,' according to one financial planner. The senior bonus deducts up to $12,000, but you can use the break to get much more in tax savings, ...

Sen. Josh Hawley (R-Mo.) is pushing a new “No Taxes on Healthcare Act” that would let households deduct up to $25,000 in out‑of‑pocket medical costs, including health insurance premiums they pay ...

SINGAPORE, Nov 25 (Reuters) - A Singapore court has cleared the way for a $2.7 billion lawsuit against Standard Chartered Bank (STAN.L), opens new tab over its alleged role in 1MDB fraud, liquidators ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. For many retirees, being taxed on Social Security ...

Close to 74 million Americans receive Social Security benefits. Nearly two-thirds (63%) say their checks account for at least half of their personal income, according to the Pew Research Center, and ...

Conestoga Valley’s girls basketball team meals range from Chick-fil-A trips and pizza nights to walking tacos, that last one being a resounding favorite among the Buckskins. It’s just one of many ...