At WSJ’s CEO Council in Washington DC, chairman of the House Ways and Means Committee Kevin Brady discusses the Republican plan to reform taxes in a Trump administration. Itemized deductions are on ...
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Extra standard deduction for 65+: Who qualifies and how it works
Older taxpayers now have access to some of the most generous standard deduction rules on record, and the stakes are high for ...
Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...
Forbes contributors publish independent expert analyses and insights. Joseph J. Thorndike writes about tax history. The state and local tax deduction has been a part of the federal income tax from the ...
Last year, Florida taxpayers unwittingly coughed up than $1.5 million in legal fees - most of which went to civil-rights lawyers - because of Gov. Rick Scott's push to force welfare applicants to ...
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