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.
A state panel is estimating Iowa tax revenue will fall by 9% this fiscal year. Iowa will have to dip further into its reserves to cover a larger budget gap than expected as federal tax changes add to ...
Direct File has ended. Americans who used the free tax-filing program will have to find a new option. Here are some ...
The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger credits for families, adoptions, and employer-provided childcare. The top ...
The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...
Millions of taxpayers have been reminded to file their 2024 tax returns by the end of Wednesday. The Internal Revenue Service (IRS) said the October 15 deadline applies to taxpayers who were granted ...
Tax brackets for 2026 have edged higher, keeping in step with inflation. Those who are feeling financial strain right now are about to get some relief. Taxation of capital gains won't hurt quite as ...
(NEXSTAR) – An estimated 20 million taxpayers will need to file before this week’s deadline, the Internal Revenue Service (IRS) warned Tuesday. While most people filed earlier this year, returns are ...
Raising income taxes for wealthy Americans is the most popular way of reducing the federal debt, according to the latest Gallup poll. The survey, conducted in September, asks Americans whether they ...
President Donald Trump’s new tax bill cuts the income tax liability for many Americans. Altogether, roughly 40% of U.S. households could pay $0 in federal income tax in 2025, according to the Tax ...
General Motors said Tuesday that it plans to take a $1.6 billion charge in the third quarter as it revamps its electric vehicle strategy as the end of the federal government's EV tax credit is ...
Summer Kerksick waited in line for two hours Tuesday to receive a box of canned and dry goods at a food bank event for federal workers amid the ongoing government shutdown. “With my rent due next week ...