As tax season unfolds in the United States, married couples have a strategic choice to make: filing jointly. This option not ...

The IRS says it's eliminating 6,000 jobs, mostly new hires with a large concentration in enforcement. So what does this mean ...

Preparing your IRS taxes for the first time may seem daunting, but here are some return preparation and filing tips to start.

New York is one of twelve states that has a separate estate tax. New York’s estate tax exemption is lower than the federal ...

Through Feb. 7, the latest date currently available on the IRS website, the agency has issued 8,052,000 refunds, which is ...

Tax brackets dictate how much you’ll pay on each part of your taxable income for the year. They’re not set in stone: Each ...

Whether you are required to file a federal income tax return this year will depend on how much you earned last year, plus a ...

What do you need to file your taxes? Your filing status also determines how much income tax you pay. Choosing a different status, whether single or married, can change the point at which you move ...

As we navigate the complexities of our financial lives, understanding the latest tax adjustments is crucial. The IRS has announced several inflation-related changes for the 2025 tax year, which could ...

With student loan interest payments resuming in late 2023, many borrowers are eligible to claim this deduction for their 2024 tax filings ... $165,000 for married couples filing jointly.

The IRS also released updated tax brackets for singles and married couples filing jointly. Here is what those numbers look like: 37% − Single income over $626,350 and married couples filing ...