The IRS has unveiled the new tax brackets for the 2025 fiscal year, introducing significant changes that will impact the ...

The Trump tax cuts, including the 20 percent Small Business Deduction, are set to expire this year. Here's what to know.

These adjustments, announced by the IRS in October 2024, reflect an approximately 2.8 percent increase in income thresholds ...

Tax season has arrived, and with it comes the question: to itemize or not to itemize? Every year, millions of American taxpayers must choose whether to take the standard deduction the Internal ...

Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local ...

Don't enter 2025 paying more tax than you need to. Check if you're eligible for these remote worker tax deductions.

You can significantly reduce your taxable income and improve your financial health by leveraging commonly overlooked ...

The tax provision generating the most puns involves the capped deduction for state and local taxes, or SALT. This is ...

The good news? Things are actually getting better at the IRS. The head of the National Taxpayer Advocate, a watchdog agency ...

WAHINGTON (7News) — The 2024 tax filing season is fast approaching. The Internal Revenue Service (IRS) will start taking ...

Do you have supporting forms and receipts in hand? Here's what to know about tax-filing season for Arizona and federal ...

The Tax Cuts and Jobs Act of 2017 reduced the percentage of taxpayers who itemize deductions. Rather, most people now take the standard deduction, and the relevant numbers get an inflation adjustment.