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Ask the Editor, February 6: Questions on Federal Income Tax Deductions

In this week's Ask the Editor Q&A, Joy Taylor answers questions on federal income tax deductions

Kiplinger · Feb 6

The 2026 Tax Law Change That Could Cost You Thousands — Unless You Do This Now

For the last eight years, tax season was deceptively simple for most Americans. Thanks to the 2017 Tax Cuts and Jobs Act (TCJA), the Standard Deduction was so high, nearly $30,000 for couples, that 90% of taxpayers stopped tracking receipts. You didn’t need to log your charitable donations, medical bills,…

Thousandaire · Feb 5

In a wild twist, Donald Trump says he’s fine with his employees footing the bill for his $10 billion lawsuit—as long as it goes somewhere else

This conflict of interest has a conflict of interest.

We Got This Covered · Feb 5

6 Social Security Triggers That Reduce Benefits Without a Formal Notice

Most people expect Social Security to change only when they get an official letter, but the first clue is often smaller: a deposit that’s lower...

Saving Advice · Feb 4

5 Tax Filing Triggers That Are Slowing Refunds for Seniors This Year

For decades, filing taxes was a predictable ritual: mail in the return or e-file it, and wait 21 days for the check to arrive in...

Saving Advice · Feb 4

The “Fake” $2,000 IRS Payment: Why Viral Social Media Claims of a “February Stimulus” Are Misleading Seniors

If you scroll through Facebook or watch YouTube finance channels, you have almost certainly seen the headline: “New $2,000 Direct Deposit Approved for Seniors in...

Saving Advice · Feb 4

I’m a tax expert: Here’s how I avoid IRS audits every year

A quarter of taxpayers worry about being audited

The Independent UK · Feb 4

Are You Making These 7 Crypto Tax Mistakes? Here’s How To Tell

Tax experts explained seven red flags that signal you might be making costly crypto tax mistakes, and what to do about them.

GOBankingRates · Feb 4

How a $1,000 Tax Refund Can Actually Signal a Financial Problem

That exciting $1,000 tax refund may actually be a warning sign of over-withholding and lost monthly cash flow.

GOBankingRates · Feb 4

Is Gold From Costco a Good Deal? Here’s Why It May Not Pay Off, According to Preston Seo

In an Instagram post, Seo said he thinks buying gold from Costco may not pay off as well as it appears. Here's why.

GOBankingRates · Feb 4