Benjamin Franklin famously quipped that there’s nothing certain in life other than death and taxes. Any changes to the latter pique the interest of most Americans. As it does annually, the IRS ...

Learn how to numerically simulate LR and LRC circuits in Python by solving the circuit differential equations step by step. Explore current and voltage vs. time, compare numerical results to analytic ...

A viral social media post falsely claims President Donald Trump signed a "Home Gym Deduction Act." A similar bill, the PHIT Act, would allow some fitness expenses to be tax-deductible. It has been ...

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law. Here’s a look at the answers to some of your questions about the new deduction.

New 2026 federal income tax brackets and standard deduction amounts have been released by the Internal Revenue Service — and the changes may affect how much Americans owe when they file in 2027. The ...

The Internal Revenue Service has released the updated tax brackets for the 2026 tax year. The agency also unveiled changes to the standard deduction, earned income tax credit, estate tax credit and ...

Taxpayers can reduce their IRS bill by deducting qualifying expenses from their taxable income. The easiest way to do that is to take the standard deduction, a flat rate offered to nearly all ...

Each year, the IRS nudges dozens of tax numbers so ordinary pay rises aren’t secretly taxed away. For tax year 2026—the returns you’ll file in early 2027—those adjustments reflect recent law changes ...

A new federal tax bill could provide New Jersey residents with an average of $3,700 in tax savings in 2026. The bill raises the cap on state and local property tax (SALT) deductions from $10,000 to ...

Clients will need more help than usual this tax season, as last summer’s H.R. 1, P.L. 119-21, known as the One Big Beautiful Bill Act, made federal taxes more complicated for many individuals. The law ...

People who use their cars for work will be able to deduct more money per mile on their taxes in the new year. The Internal Revenue Service (IRS) announced this week that the standard mileage rate for ...