On 10 July, the Government proposed lowering IRS rates in 2025. The measure was approved with votes in favour from the PSD, ...

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...

The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...

Working parents often face extra expenses, such as summer day camp for their children. Many people don't know they might ...

You’d think our state’s ruling Democrats would be doing their level best to win back the working class in advance of next ...

John Comeau used some of the $1.15 million he withheld to maintain a “comfortable lifestyle,” according to federal ...

Qualifying Americans 65 and older are eligible for a deduction of up to $6,000 under the new law. If an individual’s income exceeds $75,000, the deduction is phased out. (For couples filing jointly, ...

Is HELOC interest tax deductible? It can be if the funds are used for eligible home improvements and meet IRS requirements. Learn more with this guide.

Closing Iowa City library is a real loss, even with low traffic; Reduced IRS funding is counterproductive; Can’t we make ...

President Donald Trump signed the so-called One Big Beautiful Bill (OBBB) into law Friday, a budget that will have ...

Key Points ・The student loan interest deduction can reduce your taxable income by up to $2,500 per year. ・You do not need to ...