Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard deduction for 2025. Depending on your income level, that means your ...

Social Security benefits are one of the most impactful income sources for retirees. As of December 2024, over 51 million Americans received retired worker benefits, with many relying on them for a ...

Tax preparation is changing fast but AI still has flaws. Here's where AI tax tools shine, where they fail, and how to use them wisely.

The IRS provides straightforward instructions with the form to help you get it right but always check with a tax professional if your tax situation is a little complicated and you're unsure. Article ...

It's tax filing time and if you're working on your 2024 return then you might be seeing changes with brackets, rates and ...

If you are at least 65 or blind, you can claim an additional standard deduction benefit worth $1,950 for 2024. The extra deduction amount is doubled if you and your spouse meet that criteria. For ...

The IRS provides tax credits for a wide range of expenses you pay during the tax year but the rules can be complicated. Find ...

According to the IRS, an audit is simply a review of your accounts "to ensure information is reported correctly according to ...

The tax proposal shows 82% of Marylanders would have no tax change or a cut. This means 2/3 of Marylanders would see a cut by virtue of doubling the standard state tax deduction. Low-income families ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

AI and taxes: a perfect match or a disaster waiting to happen? Tax preparation is changing fast, but AI still has flaws. Here's where AI tax tools shine, where they fail, and how to use them wisely.

President Trump's Tax Cuts and Job Act launched unprecedented prosperity and entrepreneurism for a majority of Americans, and ...