This article is the first in a new column, Personal Financial Planning, covering the role of CPAs in advising individuals and ...

You don't need to itemize to save on taxes in 2026. These 13 overlooked deductions and adjustments can lower your taxable income and reduce what you owe.

Several changes are favorable for broad participation, while others trim deductions for higher-income households. Planning ...

There are a number of changes that could affect you this tax season. Reporter With the deadline to file your taxes only a few ...

With a DAF, you can make a contribution in 2025 and receive a charitable deduction under 2025 rules, while the funds can be ...

New tax laws going into effect in the new year could impact charitable giving, which is why some people in the South Bay made ...

Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize.

- 60% AGI limit for cash gifts: in 2017, the Tax Cuts and Jobs Act ( TCJA) set the top AGI deduction limit for cash gifts at 60%, but this was scheduled to revert to 50% at the end of 2025. OBBBA made ...

Each spring, millions of taxpayers face a deceptively simple question — take the standard deduction or itemize? For those not versed in the lingo of taxes, the distinction can be confusing. But ...

Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable donations, and mortgage interest.

The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...

Discover what medical expenses are deductible, including examples like insurance premiums and prescriptions, and learn how ...