There are other tax changes happening next year that could put more money in your paycheck. If you collect Social Security, ...

For the 2025 tax filing season, the IRS is expanding several modernization efforts. But potential budget cuts on the table could curtail those efforts.

Each day the Money blog starts with a regular feature to absorb as you wake up or during your commute - and on Wednesdays we ...

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

The federal government taxes the Social Security benefits of some retirees if their provisional income exceeds thresholds for ...

Fortunately, state Social Security benefit taxation is becoming less common over time. Only the following nine states still ...

January is a good time to consider tax planning. Amid the yearly onslaught of inflation-adjusted tax figures, here are three ...

Federal funding is still pending for 21 states, as Biden’s term nears its end. The rebates can cover heat pumps, electric ...

If you choose to itemize deductions, you'll have the option of deducting the state and local sales tax you paid, or you can ...

In this episode of Tax Notes Talk, Tax Analysts Chief Operating Officer Jeremy Scott reviews the 2024 developments in U.S. tax legislation and speculates what may lie ahead in 2025.

The IRS has implemented new tax brackets and standard deductions for 2025, offering a slight boost to paychecks and reducing ...