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The federal government helps defray at least some small portion of those costs with the child and dependent care credit, ...
The IRS issued an important warning in April of 2025, alerting Americans to the fact that around $1 billion in refunds remain ...
The IRS has adjusted federal income tax brackets for 2025, increasing the standard deduction and shifting tax thresholds to account for inflation.
Governors and state legislators have taken steps to improve taxation of investment income. Some in Congress, meanwhile, want ...
The odds of being audited by the IRS increase with your income level, with specific metrics used to determine the need for ...
The One Big Beautiful Bill Act would reduce taxes for many, but the size of the benefit varies by income and could be offset ...
The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...
A sizable tax break could be coming for tipped income, but the economic knock-on effects could be damaging.