In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

Defeating the GOP’s proposed Medicaid cuts, which will then fund huge tax cuts for the rich, is an urgent priority. It’s a ...

White House Press Secretary Karoline Leavitt said Thursday that Trump plans to eliminate “all special tax breaks for billionaire sports team owners.” ...

With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

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

Though some social media users interpreted Elon Musk's X post as meaning the service was closed, its website remained active ...

IRS Direct File is back again this year with significantly expanded eligibility despite confusion over whether Elon Musk had ...

IRS Direct File is back again this year with significantly expanded eligibility despite confusion over whether Elon Musk had “deleted” it. (He didn’t.) ...

Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as ...

According to the Social Security Administration (SSA), the estimated average monthly Social Security retirement benefit for ...

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...