News

The Child Tax Credit is getting another update in 2025 under the new One Big Beautiful Bill. While it doesn’t match the ...
President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's how the new law works.
President Donald Trump's "big beautiful bill" is now law. Here's when no tax on overtime and tips start in Washington state.
A gambling losses tax deduction cap in Trump’s “Big Beautiful Bill” is causing an uproar. Here’s what you need to know.
Do you like paying more in taxes than you have to? Probably not. Overpaying on taxes is one of the most common and avoidable ...
Notwithstanding the consent decree, it's an open question whether the US Supreme Court would go along with voiding the Johnson Amendment.
Because the deduction starts to phase out for single filers earning over $75,000 and married couples making over $150,000 — ...
Earlier this month, the Trump IRS announced in a legal filing that churches can endorse political candidates. That is ...
Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for ...
A new so-called 'home school tax break' could change how you save for your child's homeschool education. Find out how.