Navigating annual tax changes can feel complex sometimes. Understanding them is crucial for informed financial choices to be ...

The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are ...

While expenditures may be qualified investments for the Sec. 48D advanced manufacturing investment credit, related grant ...

The Internal Revenue Service has released the federal income tax brackets for 2025. A key point for taxpayers is that the ...

Weaknesses in IRS security systems continued to put private taxpayer data at potential risk of exposure in fiscal year 2024, ...

WASHINGTON (AP) — The budget bill championed by President Donald Trump could complicate next year’s tax filing season after ...

The bill has to pass the House again before the president can sign it into law, and the difficulty for Republicans is not ...

but credits like the EITC and Child Tax Credit can still provide major benefits. Most taxpayers who file late in June 2025 and opt for direct deposit can expect to receive their refunds in three to ...

The Department of Revenue and Taxation, together with the Department of Administration, announced the release of the first batch of 2024 income tax refunds, totaling $27,818,380.35.

Updated based on IRS data for 2025, these 2025 and 2024 EVs and PHEVs qualify for federal tax credits of up to $7,500 under the Inflation Reduction Act. Ad-free. Influence-free.

For tax year 2025, employees can defer $23,500 into their 401(k), a modest increase from the $23,000 contribution limit in 2024. The limit on annual contributions to an IRA, however, remains what ...