The IRS has released a new draft of Schedule 1-A (Form 1040), titled “Additional Deductions,” effective for the 2025 tax year through 2028, under the One, Big, Beautiful Bill Act. Schedule 1-A consolidates multiple new Continue reading
IRS
IRS 2026 Tax Brackets- How Much More (Or Less) You Could Owe
As 2025 comes to an end, taxpayers are already looking ahead to what the IRS 2026 tax brackets will mean for their finances. Every year, the IRS adjusts tax brackets and deductions to account for Continue reading