A fierce tax debate is already underway in Congress, and the stakes are high for hardworking families. Lawmakers are debating ...

If you haven't filed yet, you might want to know that there are new federal income tax brackets for tax year 2024. Every year ...

Enacted via the Tax Cuts and Jobs Act, or TCJA, of 2017, there’s currently a $10,000 limit on the federal deduction on state ...

Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security ...

Through February 2025, the average tax refund was $3,182. That's a 6.3% increase from the same period in 2024.

The potential cap, which would limit how much philanthropic donors can deduct from their state taxes, adds to a climate of ...

Understand what tax liability is, how it's calculated, and its impact on your finances. Learn about different types of tax ...

The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the ...

The 1040 tax form is the form taxpayers use for filing federal taxes. It's also a form that plenty of people have trouble filling out or understanding. In fact, back in 2018, Form 1040 received ...

Gov. Wes Moore plans to change how Marylanders take deductions on their state income taxes, but officials in some of the ...

Michigan taxpayers hit by storms in August 2023 might have good reason now to amend those returns. How they might claim a personal casualty loss.

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