On Friday, the IRS released initial statistics comparing the end of January 2025 with early February 2024. As of Feb. 7, 2025 ...

How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

One Simple Shift That Could Save You Thousands This Tax SeasonPicture this: It's February, and you're staring at your W-2.

Amidst the 2024 tax season, if you're keeping an eye on your taxes for next year, you're still keenly interested in what your ...

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...

As we navigate the complexities of our financial lives, understanding the latest tax adjustments is crucial. The IRS has ...

Tips delivered in another method that aren’t cash, but that have monetary value are considered noncash tips. These may ...

Nine of these states cut their individual income tax rates for 2025. The most significant change is in Iowa, which had an individual income tax rate of 5.70% in 2024 and now has a rate of 3.80% for ...

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 13, 2025 – January ...

City officials need to decide on a proposed 3.5% annual increase that would begin June 1, 2025.

High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...

The IRS has set January 27 as the start of the 2025 tax season, with significant updates aimed at enhancing taxpayer ...