The IRS has released the 2026 tax brackets, as well as the new standard deductions and several other inflation-related adjustments. Although the marginal tax rates have not changed, the new tax ...

President Donald Trump's One Big Beautiful Bill Act (OBBBA) raised the state and local tax (SALT) cap deduction to $40,000 ...

Qualified Small Employer Health Reimbursement Arrangements (QSEHRA) For 2026, to qualify as a QSEHRA, the annual limit on payments and reimbursements is $6,450 for self-only coverage and $13,100 for ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

Some of the nation’s foremost charities are locked in a battle with the White House over President Obama’s push to limit the nearly century-old tax deductions on donations to nonprofits, reports The ...