Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.

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

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

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 ...

The 2025 mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, ...

Taxes can be a killer for entrepreneurs. Fortunately, deductions are a great way to reduce tax liability. But how do you know what you're eligible for? Instead of combing through endless pages ...

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 ...

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