The best ways to use your tax refund include building an emergency fund, paying off high-interest debt, and saving for ...

The IRS and the Treasury Department issued final regulations on January 3 (Final Regulations), providing guidance on the clean hydrogen production ...

Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local ...

With the end of FY25 approaching, it will soon be time to file your taxes. If you are a salaried employee, a part of your income will be taxed based on the slab you fall under. Calculating your ...

W-2 forms are starting to arrive in mailboxes and inboxes. Here's why you need that form for the 2025 tax season.

In the Independent Age video, Fran McSweeney, Head of National Services at the charity, shares essential tips on applying for ...

Older people, or friends and family, can quickly check their eligibility and get an estimate of what they may receive by using the online Pension Credit calculator on GOV.UK here. Alternatively, ...

When a homeowner loses receipts from years of house improvements, how can they document the renovations for the capital gains ...

The IRS on Friday announced January 27 as the official start date of the 2025 tax season, and expects more than 140 million ...

After identifying your tax rate, multiply your taxable income by this percentage to calculate your withholding amount. Keep ...

These adjustments, announced by the IRS in October 2024, reflect an approximately 2.8 percent increase in income thresholds ...

If you have a mortgage, you'll probably receive an IRS Form 1098 in the mail. Your mortgage lender is required to use this form if you paid more than $600 in mortgage interest last year.