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

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 ...

Regarding "Push to scrap income ... to be like Texas, where the rich and the poor hardly pay any taxes. It’s the average middle-class homeowner who will bear nearly all of the state tax burden ...

Some 739,000 taxpayers were still waiting for the IRS to unfreeze their federal income ... tax return once they complete it. The IRS said it will now send letters to taxpayers whose tax returns ...

Even though the 2025 tax season has only been open less than two full weeks, the IRS has already been busy processing tax returns and issuing tax refunds. Not mine — I'm still a ways away from sitting ...

The Income Tax Act 2025 will replace the current Income Tax Act 1961. As the current income tax laws will change, many taxpayers are worried about how the new income tax bill can impact them. Here are ...

It’s designed to help low-income to moderate-income workers get a tax break and pocket more of their wages. Not sure if you can claim the earned income tax credit on your federal tax return?

Bonds often offer higher yields than REITs. But click here to read why long-term investors should avoid bonds and invest in ...

If you are at least 65 or blind, you can claim an additional standard deduction benefit worth $1,950 for 2024. The extra deduction amount is doubled if you and your spouse meet that criteria. For ...

They have called for policies that benefit a wider group of people, particularly women. This approach would help bring more people into the tax system and improve the country's tax-to-GDP ratio, which ...

A little-known provision in the tax code allows ... hurt their clients like pension funds, charitable trusts, and university endowments reliant on above-average returns. Yet back in 2011, Warren ...