W ith tax season officially underway, you'll need to know the standard deduction amount you can claim for 2024. After all, most taxpayers opt to take the standard deduction rather ...

Republican lawmakers in several states have Medicaid expansion in their crosshairs, energized by President Donald Trump’s ...

And this week will provide an example of that with the time-worn spectacle of a Federal Reserve chairman giving Congress a semiannual update on the economy and interest rates. The week also provides ...

As the feds consider cuts to Medicaid, some states are already moving to end or shrink their expanded Medicaid programs.

2025 provincial and territorial income tax rates Provincial and territorial tax rates vary across Canada; however, your provincial or territorial income tax (except Quebec) is calculated in the same ...

President Trump's Tax Cuts and Job Act launched unprecedented prosperity and entrepreneurism for a majority of Americans, and ...

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

Former Fitchburg Massachusetts state Senator Dean Tran will spend a year and a half in federal prison for unemployment ...

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

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

You could be leaving hundreds if not thousands of dollars on the table if you don't take advantage of new Illinois tax ...