Altogether, roughly 40% of U.S. households could pay $0 in federal income tax in 2025, according to the Tax Policy Center (1) ...
No other state has a greater percentage of people — about 4.6 million Floridians or 25% of those under 65 — getting their ...
The Treasury Department and Internal Revenue Service are issuing rules that provide hundreds of billions of dollars in tax relief to big companies and the ultrarich.
Oregonians can plan to receive a kicker credit on their tax returns next year for 2025. According to the Oregon Department of ...
The money you invest in a 529 account grows tax-free, and you don’t pay capital gains taxes on your withdrawals if you use ...
The IRS refunded $311 billion to taxpayers in 2025—here’s how to cut your tax bill and keep more cash in your pocket next ...
In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the meaning of modified adjusted gross income, or MAGI ...
Trump’s One Big Beautiful Bill Act (OBBBA) specifically favors seniors, employees who earn tips and overtime and those with children. Here’s an example: Casey and Riley earn a combined income of ...
Budget 2025 proposes to drop the luxury tax on aircraft and vessels, as well as the underused housing tax (UHT), with the ...
As tax season approaches, you might be asking yourself, "Is rental income taxable?" Or, "Do you pay tax when you sell a rental property?" The short answer is that it depends. Rental income is often ...