Both the standard deduction and itemized deductions reduce the amount of tax you pay in a given year. So which is better? Should you itemize or should you keep things simple and take the standard ...

If you’re a homeowner preparing to file your taxes, you’ve probably asked yourself: Should I take the standard deduction or itemize? The answer could make a big difference in how much you save—and it ...

For financial advisers and wealth managers, these IRS adjustments and OBBB reforms highlight a clear message: tax planning is ...

If you’re retired and filing taxes, these five tax credits and deductions could provide thousands in relief (if you qualify).

Tax deductions help keep more money in your pocket, and when it's time to file your return, there are typically two ways to take them the standard deduction, *** single fixed amount, or itemize all of ...

Around this time of year, many taxpayers begin the annual ritual of pondering The Big Question: Do I take the standard deduction or spend time hunting for receipts and filling out extra forms to ...

Tax expert Bob Keebler breaks down several changes to the tax code — from the SALT cap to Roth conversion strategies — that ...

When tackling your taxes, it can sometimes be hard to figure out whether to opt for a standard deduction or itemize. According to tax pros, itemizing generally only makes sense if your itemized ...

American taxpayers, if you believe in stereotypes, are scurrying around this time of year, rummaging shoeboxes for receipts to support itemized tax-deduction claims. In reality, most taxpayers, ...