The U.S. tax code may be notoriously complex, but understanding some basic terms can help you breeze through your tax return ...

As the IRS opens its doors for tax submissions on January 27, 2025, taxpayers have until April 15 to file their returns. Proper preparation is key to avoiding errors and penalties. Here's how to ...

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...

As the tax deadline looms many folks are beginning to take a closer look at their situation regarding their taxes and ...

Elon Musk posted that the IRS Direct File group had been "deleted," prompting confusion about the free tax prep service's future.

The IRS launched the pilot program known as Direct File in 2024 so that people can file their tax returns directly with the federal government.

The 2025 tax filing season is underway, and there are several tax benefits that can help homeowners save money this year.

Oregonians have more options for free online tax prep for the 2025 filing season. Some may qualify for the IRS Free File ...

Key Takeaways - Is Interest on Personal Loans Tax Deductible? You can use a personal loan for a variety of useful purposes, ...

The 2024 mileage rate for use of your vehicle to do volunteer work for certain charitable organizations is 14 cents a mile.

Navigating the complexities of tax season can be daunting, especially when deciding between a tax deduction or a tax credit.

A nonrefundable credit can reduce your tax liability to zero but not below that. Refundable credits can reduce your liability ...