The perennial debate over whether every American pays their "fair share" in taxes often generates more heat than light. However, recently released IRS data for the 2022 tax year provides a detailed, ...

Kemberley Washington is a former staff writer at Forbes Advisor and provides consumer-friendly tax tips for individuals and businesses. Her work goes beyond tax articles. She has been instrumental in ...

WASHINGTON, D.C. — The Internal Revenue Service announced that certain payroll and information reporting requirements will remain unchanged for Tax Year 2025 as it phases in provisions of the One Big ...

Taxpayers are starting to see the effects of the new federal income tax brackets for 2025 in their first paychecks of the year. Each year, the IRS reviews and adjusts the income thresholds for tax ...

The maximum credit for families with two children will increase to $7,316, up from $7,152 in 2025. Those with one child can receive up to $4,427, an increase from $4,328, while qualifying adults ...

Your 2026 paycheck may be about to get a boost: New and increased tax breaks from the 2025 Trump/GOP spending bill could allow millions of workers to increase their monthly take-home pay next year.

Tax season is approaching. Tax breaks that were extended as part of President Trump's "One Big Beautiful Bill" will mainly ...

Managing your finances in a tax-efficient way requires planning and understanding of the current tax laws. A key aspect of that planning is being aware of federal income tax brackets. These brackets ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. The experience with the tax bill enacted at the end of President ...

DOWNLOADING OUR FREE MOBILE APP. PRESIDENT TRUMP’S PROMISE TO ELIMINATE FEDERAL INCOME TAX ON WORKERS TIPS AND OVERTIME IS NOW A REALITY. AFTER HE SIGNED THE BIG BEAUTIFUL ACT THAT PASSED IN CONGRESS ...

The Arkansas Department of Finance and Administration has informed the state's approximately 80,000 employers the income tax withholding tables have been adjusted, effective immediately, to reflect ...