For the 2024 tax year (taxes generally filed in early 2025), the EITC is worth up to $4,213 if you have only one qualifying child. That figure increases to $6,960 for two kids and up to $7,830 for ...

One of the inauguration’s most enduring images is that of tech billionaires — including Google’s Sundar Pichai, Meta’s Mark ...

A common strategy many wealth management firms recommend is ensuring that as much as 30% of your portfolio includes foreign ...

At the crack of dawn on Tuesday, a Democratic-led Senate subcommittee rejected or delayed several of Gov. Glenn Youngkin’s ...

North Dakota lawmakers have slashed income taxes to the point where various programs doling out deductions and tax credits ...

It doesn't take a high income to land in a high tax bracket. A single adult earning $48,000 finds themselves paying 22% on ...

Filing your taxes for the first time? Here’s everything you need to know, including the necessary forms, how to report your income, your filing status, and your filing options.

Projects that increase your home's value are typically eligible for a tax exclusion — but most repairs are not.

On January 17, 2025, multiple news outlets and other sources reported the existence of a memorandum circulated by the U.S.

In Trump’s plan, income earners would also gain the tax-free benefit, a change that could destabilize the Social Security ...

Tax deductions, tax credit amounts, and some tax laws have changed since you filed your last federal income tax return.

Certain investments made during the year are eligible for exemptions and deductions from income tax. Individual taxpayers must make these investments before March 31 to claim the advantages in ...