Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.
The good news is that a new tax benefit aimed at helping families with children under 17 is now in effect. For the tax years ...
Learn about the Additional Child Tax Credit, including its definition, claiming process, and special circumstances. Discover the benefits and drawbacks.
If you earn money through a side hustle, run a small business, or get paid through apps like Venmo, PayPal, or Cash App, or sites like eBay, you’ve probably come across a lot of mixed messages about ...
The Internal Revenue Service continues to seek feedback regarding the draft instructions for Form 6765 and is extending the dates for reporting requirements related to the Credit for Increasing ...
The time it takes to receive a federal income tax refund could drag out six weeks and more next year for many people who are bound and determined to receive a paper check in the mail. Beginning next ...
IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...
Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...
As Delaware recorded some of the steepest increases in health care costs and premiums in 2023, top executives at the state’s largest nonprofit hospitals reported seven-figure salaries, according to ...
Being single comes with many perks, like more freedom, more independence, and even a simpler tax return. Married couples and parents often have to deal with extra forms, deductions, and credits, but ...