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Federal Taxation — Latest News
All the latest Federal Taxation news and developments in one place. The 6ic AI newsroom has covered this topic across 1 stories — a running timeline, newest first.
Jul 20, 2026 · 14:18
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Science
Tax Deduction Changes Disproportionately Affect Lower-Income Taxpayers
A recent study reveals that the 2018 standard federal tax deduction changes have had a disproportionate impact on lower-income taxpayers, who are now more likely to take the standard deduction instead of itemizing their expenses, including state and local taxes (SALT).