Taxpayers and businesses are encouraged to review IRS instructions and updates closely as new rules take effect.

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

The IRS has delayed the $600 reporting threshold for Venmo and PayPal users. For the 2026 tax season, the reporting limit ...

Investors should stay cautious in 2026, but there are at least three encouraging trends to watch this year. Learn more about ...

People who use their cars for work will be able to deduct more money per mile on their taxes in the new year. The Internal Revenue Service (IRS) announced this week that the standard mileage rate for ...

Thanks to changes to the tax laws, 2026 gives taxpayers a chance to take a fresh look at their charitable giving. Whether you’re donating cash, stock or money from your retirement account, a little ...

Christine Benz: Hi, I’m Christine Benz for Morningstar. People who are 65 and older may be able to take advantage of a new senior deduction starting in 2025. Joining me to discuss what you need to ...

In 2025, freelancers in Scioto Valley face a notable change in how they manage their business expenses, particularly with the new Internal Revenue Service (IRS) mileage deduction guidelines. The IRS ...

As 2025 comes to an end, it is an appropriate time to revisit state and local tax deductions and charitable giving plans. The One Big Beautiful Bill (OBBBA) introduced several updates that may ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. The season of giving is upon us. While many use December as an opportunity to ...

The video game Valorant, a fast-paced team-based shooter, has recently become a testing ground for a promising new direction in artificial intelligence research. The game’s developers at Riot Games (a ...

The One Big Beautiful Bill Act ("OBBBA") brings major changes to federal charitable deduction rules beginning January 1, 2026. These changes reduce the tax value of charitable giving for many ...