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 ...

Here’s why researchers argue the government must act if anything is to change — plus what other breaks families can count on ...

Guam’s 2025 income tax filing season starts Monday, Jan. 27, the Department of Revenue and Taxation announced on Wednesday. DRT is reminding taxpayers that all filings for 2024 tax returns must ...

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

The federal government readjusts tax brackets and the annual standard deduction each year to keep up with inflation. One ...

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 ...

The Earned Income Tax Credit (EITC) helps reduce poverty for working American families by providing a tax credit for ...

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

Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard ...

Gabriella’s work has also appeared in Money Magazine, The Hyde Park Herald, and the Journal Gazette & Times-Courier. As a ...