After promising to eliminate taxes on tips, Social Security benefits and overtime pay, former President Donald Trump is ...

Former President Trump recently told Joe Rogan that he is serious about ending the federal income tax and replacing it with ...

The deduction for state and local taxes is capped at $10,000 through 2025, but other tax breaks and workarounds can help mitigate that.

Reminder: The CRA has resumed its work to address taxpayer debt. Benefit and credit payments and tax refunds may be applied to pay down outstanding balances. If your debt repayment causes significant ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

Source: The College Investor The IRS Direct File program is a free option from the IRS to file your taxes. This will be the ...

Makin' a list; caught again; back to school; and other highlights of recent tax cases.

In 2023, 23 million workers and families received about $57 billion in EITCs after filing their 2022 taxes, according to the IRS. The average amount of EITC that taxpayers received was $2,541. The ...

The former president has repeatedly praised a period in American history when there was no income tax, and the country relied ...

In its new report, the IRS estimates that: The gross tax gap was $708 billion for 2021 and $696 billion in 2022; after ...

On Tuesday, the Internal Revenue Service announced increases to the federal income tax brackets and standard deduction for ...

She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law terms ... so it ...