The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

The Congressional Budget Office estimates the package will add $3.3 trillion to the deficit over the decade and 11.8 million ...

Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT ...

The annual gift tax exclusion rises to $19,000 per recipient, up $1,000 from last year's limit. (These are the numbers you'll refer to when planning your 2025 tax liability, returns typically ...

After narrowly squeaking through the House on Thursday, the "big, beautiful bill" now heads to the president's desk for his ...

Social Security can make an enormous difference in the average American's retirement. A whopping 62% of current retirees say ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's passed by Congress.

Navigating annual tax changes can feel complex sometimes. Understanding them is crucial for informed financial choices to be ...

In 2024 (taxes filed in 2025), the state and local income tax deduction allows you to deduct up to $10,000 ($5,000 if married filing separately) for a combination of property taxes and either ...

Taxpayers must turn 65 before the end of 2025 to qualify for ... For a single taxpayer, the 12% tax rate applied on taxable income from $11,926 through $48,475 in 2025. Annual inflation adjustments ...

Oando Plc has released its financial results for the first quarter of 2025, reporting a profit after tax (PAT) of N113 billion, up 90.5% from N59.3 billion recorded in the same period of 2024.