Thank you, Bob, and good morning, everyone. As we enter the post-pandemic era of Paychex, we are off to a good start in ...

American taxpayers aged 65 and older will receive a new $6,000 bonus tax deduction next year as part of President Donald Trump’s One Big Beautiful Bill Act. The temporary deduction comes alongside ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...

Many Americans are likely to see massive changes to their taxes in 2026, especially seniors. That’s largely due to President Donald Trump’s so-called big, beautiful bill, a massive 940-page bill ...

Lauren (Hansen) Holznienkemper is a lead editor for the small business vertical at Forbes Advisor, specializing in HR, payroll and recruiting solutions for small businesses. Using research and writing ...

Find out how and why mathematics is used in microeconomics, its limitations, and the math skills that economics students need.

If you're concerned about taxes, you probably want to skip that year-end cash donation. Tax laws are changing, and timing is everything this year to maximize your gifts. Itemizers should hit ...

This new deduction is taken on top of your standard deduction or itemized deductions. But your deduction will be reduced if your modified adjusted gross income (MAGI) is more than $75,000 ($150,000 ...

Congratulations, your small business is expanding. While hiring and growing your team is a sign of financial success, managing payroll can feel daunting. Fortunately, there are many payroll services ...

Medicare tax is taken out of your paycheck to pay for Medicare Part A, which provides hospital insurance to seniors and people with disabilities. The total Medicare tax amount is split between ...

The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big Beautiful Bill Act, taxpayers 65 and older can claim an additional $6,000 without itemizing their ...

In his decades-long career in tech journalism, Dennis has written about nearly every type of hardware and software. He was a founding editor of Ziff Davis’ Computer Select in the 1990s, senior ...