SmartAsset on MSN
Standard Deduction for Singles: Strategy and Examples
Filing taxes can feel overwhelming, but one of the most important decisions you'll make is also one of the simplest: whether ...
SmartAsset on MSN
Extra Standard Deduction for Seniors Over 65: Requirements
Turning 65 doesn't just mark a milestone in life, it can also unlock valuable tax savings. The IRS grants seniors an extra standard deduction. This deduction can lower taxable income by thousands of ...
Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.
Explore ways the One Big Beautiful Bill Act affects retirees, from tax breaks to benefit cuts, and get insights about how to ...
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What You Need to Know About HSAs
An HSA, or health savings account, is a tax-advantaged account that lets you save and pay for medical expenses. HSAs are available for people with high-deductible healthcare plans, and the IRS will ...
Taxpayers may outsource their financial stress by a specific age. Find out when you should hire a tax preparer.
It might seem like there are still a good number of weeks to go between now and the start of 2026. But the reality is that ...
If the federal shutdown keeps going past Nov. 1, SNAP recipients may find their EBT cards drying up. Here's what to know.
They are embarrassed about their financial condition. This is the logic of delaying joining a gym until you lose weight and look better. Loose fitting gym wear solves this problem. A soft spoken ...
West Virginia is phasing out its tax on Social Security benefits. For 2025 returns (filed in 2026), 65% of benefits will be ...
A federal rule restricting the debt’s inclusion has been canceled. Now, the consumer bureau is trying to overturn state ...
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