The IRS has unveiled the updated tax brackets and standard deductions for the 2025 tax year, reflecting adjustments for ...

The IRS has announced the start of the 2025 tax filing season. Here's important info to help you prepare and file your taxes ...

Bonus depreciation was raised to 100 percent in 2017’s Tax Cuts and Jobs Act and was scheduled to fall by 20 percent a year ...

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

The Trump tax cuts are set to expire later this year, and that poses a real challenge for policymakers, businesses, and ...

During his first stint in office, Trump massively overhauled the tax code by passing the Tax Cuts and Jobs Act (TCJA) of 2017 ...

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

The amount of your Universal Credit standard allowance that can be deducted for debts is 25% - although this is going down to ...

On the campaign trail, President Donald Trump promised lower taxes, lower prices and a stronger economy in his second term.

Members of the House Freedom Caucus have an idea for lawmakers from California, New Jersey and New York seeking to expand a ...