Get ready for tax season: the IRS has raised deductions and credits for 2025, with even bigger changes on the way for 2026.

For the 2025 tax year, the CTC is seeing changes as part of President Trump’s tax and spending bill, often referred to as the ...

For tax year 2026, the standard deduction will be $32,200 for married couples filing jointly. For single taxpayers and married individuals filing separately, the standard deduction rises to $16,100 ...

Tax credits can come in handy when it's time to file your return. Here's a breakdown of common ones, including the earned income credit, child tax credit and clean energy credits. Many, or all, of the ...