The IRS Publication 915 (2024) offers now a comprehensive guide to help you determine if your benefits are taxable, how to ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

President Donald Trump has issued a slew of executive orders (EO) since beginning his second term, including one that may ...

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

On Friday, the IRS released initial statistics comparing the end of January 2025 with early February 2024. As of Feb. 7, 2025 ...

The IRS has issued 3.2 million refunds for the 2025 filing season so far. As of Jan. 31, the average refund amount was $1,928 ...

The deadline for federal workers to accept OPM's buyout offer was on Feb. 6, but terms of resignation are different for IRS ...

Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...

One Simple Shift That Could Save You Thousands This Tax SeasonPicture this: It's February, and you're staring at your W-2.

As the 2025 tax season begins, understanding the Earned Income Tax Credit (EITC) can significantly enhance your financial ...

However, if you're a remote worker filing your taxes, you still might not be able to claim the home office deduction. The home office deduction allows eligible taxpayers to reduce ...

Tips delivered in another method that aren’t cash, but that have monetary value are considered noncash tips. These may ...