The year 2024 has not quite come to a close and many people may not yet be thinking about filing their 2024 income tax return ...

A new Tax Policy Center analysis finds that raising the cap to $20,000 would increase the federal debt by about $225 billion ...

Cindy Kramer, 38, works well over 60 hours a week juggling four different jobs in Staten Island, New York, to support her child and make ends meet. Two of those jobs are bartending.

Low- or moderate-income families in the United States have a variety of support programs to improve their finances and cope ...

The IRS in October announced the federal income tax brackets for 2025, which raised each income threshold by roughly 2.8%.

Department has warned against excessive cash transactions and violations would trigger heavy penalties upto 100% for cash ...

Tax Cuts and Jobs Act expired on Dec. 31, 2024. Data show the cuts hurt Black Americans and worsened income inequality.

It's always good to file your taxes early. Here's what you need to get started for when the IRS starts accepting tax returns.

Missouri residents may soon pay a flat 4% state income tax, under a plan advanced by Republican lawmakers who want to ...

The free tax filing service is available to those with an Adjusted Gross Income (AGI) of $84,000 or less in 2024.

Kentucky's Republican-dominated legislature convened Tuesday to start a 30-day session expected to include action to reduce ...

Italy's government intends to promote tax cuts to help middle income earners this year after focusing initially on people ...