Officials on Monday conceded certain problems have arisen with the new tax system instituted at the start of this year, but also said some of the issues have to do with lack of awareness on the part ...

President Donald Trump on Sunday night reiterated an extraordinary ambition he and members of his administration have voiced from time to time throughout his young second term: One day, Americans ...

For the vast majority of clients, individual retirement accounts with a lot of assets represent a great goal. But bigger is not always better. Processing Content To the small number of wealthy ...

The 2025 tax season officially kicked off on Monday, when the Internal Revenue Service began accepting and processing individual income tax returns at 9 a.m. This means that you could be more likely ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

Billionaires live under "buy, borrow, die," and California's wealth tax wouldn't touch that. An estimated $1 trillion of ...

On July 17, Georgia Lt. Gov. Burt Jones announced the creation of a Georgia Senate committee to study eliminating Georgia’s income tax. This is not a new idea; it has been discussed for nearly two ...

Some taxpayers who bought electric vehicles in 2024 had trouble claiming the tax credits because of bad paperwork. Auto dealers group announced an IRS change that will enable dealers to fix EV tax ...

Organizations increasingly rely on HR-led solutions and third-party vendors to manage benefits, payroll, and compensation. While these approaches can drive efficiency, they often carry hidden tax ...

Income brackets and the standard deduction will increase slightly for the 2026 tax year, the Internal Revenue Service announced Thursday. Tax brackets will rise by about 4% for lower-income ranges and ...