I asked ChatGPT to break down what's actually in President Trump's "One Big Beautiful Bill." Spoiler alert: It's not quite ...

The new car loan interest deduction can reduce your taxable income by as much as $10,000 a year, but you’ll need to buy a new ...

In a couple of months, tipped employees will be able to deduct a portion or all of their tips from federal income taxes. Here ...

In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.

One of President Donald Trump's biggest promises to seniors during his 2024 campaign was that he would eliminate taxes on ...

Under federal income tax rates, that leaves the average fire survivor turning over about one-third of their PacifiCorp ...

Federal income tax is a tax you’ll pay on the total amount of income you made in the previous tax year. According to data from U.S. Joint Committee on Taxation, ...

Let's begin with the best news -- you'll probably not owe any state taxes on your monthly Social Security payments. A total ...

On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the federal income tax brackets and standard deduction.. The standard deduction ...

A conservative advocacy group and a state senator sued Thursday over recent legislation requiring the continued taxing of ...

Consumer rebates for purchases of new EVs and plug-in hybrids will decrease from $1,500 to $500 starting Aug. 1.