Walters: California’s taxes on wealth may hinge on how Trump treats deductions
President Donald Trump and Congress may toss a federal cap on how much people deduct for local and state taxes. If so, ...
Here's what to know about the IRS "Where's my refund?" app and your new 2025 tax brackets
With tax season underway, here's what you need to know about tracking your tax refund and your new 2025 tax brackets.
10 Common Life Events That Can Impact Your Taxes
A person’s tax situation can depend on factors like their marital status and income level but there are many other things ...
IRS Direct File program now open. Who’s eligible, how to file your taxes for free in Florida
The IRS' free online program Direct File is now open for business and accepting tax returns. Here's what to know.
Lansing State Journal on MSN10h
Many don't know they can claim valuable tax credit worth up to $7,830 for some families
The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...
How to profit from the Fed’s latest interest rate pause
The Federal Reserve’s decision on Wednesday to keep its overnight bank lending rate where it is — following a full percentage ...
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America's Tax Reality: How Much Do the Rich Really Pay?
New IRS data reveals stark contrasts in tax contributions across income brackets. The top 1% of earners pay 40% of all taxes, ...
Five States With the Largest EITC Checks
To claim this tax break, you must file a Form 1040, U.S. Individual Income Tax Return, or Form 1040-SR, if you are an older adult. If you are claiming a qualifying child, you must also file a Schedule ...
Received an Unexpected IRS Refund? Here's What It Means and What to Do
A tax refund is a reimbursement from the government when you've paid too much in taxes during the year. Here are some options for what to do with that money.
Trump's funding freeze gives consumers reason to be uncertain, but how much will it hurt?
Consumer sentiment fell in January for the first time in six months, according to U-M survey. What's next as Trump creates ...
What is an ABLE account and how can it help you save for your future?
Thankfully, ABLE (Achieving a Better Life Experience) accounts offer a pathway to save and invest without jeopardizing your ...
Mississippi relies on federal money. How could loan, grant pause affect the state?
Mississippi heavily relies on federal dollars at the state level. Here's what the pause on federal loans or grants could ...