New analysis shows only 10% of Americans now benefit from itemizing, but knowing which deductions you can still claim regardless of your filing choice could make a significant difference.

Looking ahead to your 2025 taxes and wondering about standard tax deduction amounts for each filing status? Here's what's ...

The Tax Cuts and Jobs Act of 27. nearly doubled the standard deduction and eliminated or capped many itemized deductions. They were things like investment related expenses, tax preparation.