Trump suggested that federal income taxes should be "eliminated," while stating that America was at its richest from 1870 to ...

Someone with one qualifying child and a lower income could qualify for up to $4,213 for the federal earned ... the earned income tax credit end up leaving good money on the table by not filing ...

Local income taxes can be an important progressive revenue raiser, as they ask more of higher-income households and are ...

BOSTON - President Trump's campaign pledge to eliminate taxes on tips is gaining traction, after promising a group of ...

Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...

Learn the benefits of individual municipal bonds over bond funds, including fixed cash flow and tax advantages. Explore more ...

Table disservice; down on the farm; a barebones job; and other highlights of recent tax cases.

It doesn’t take a high income to ... Biden signed the Federal Disaster Tax Relief Act of 2023, allowing victims of federally-declared disasters to deduct unreimbursed losses if they exceed $500. The ...

If you’ve ever stared down IRS tax brackets trying to figure out where you fit, you’ll notice filing status has an outsized impact on your federal income tax. Your filing status determines not ...

Tracking your state tax refund can be a lot harder than your federal tax refund. If you’re like most Americans, you live in a ...

Still confused? Use this table as a quick reference on common sources of taxable and nontaxable income for federal tax purposes. With some types of income, the answer to whether it’s taxable is ...

Filing your own tax return is less expensive but a CPA can defend you if the IRS has a problem with your return. Your choice can depend on the complexity of your income.