Congress passed the tax cut and spending megabill with President Trump's legislative priorities which includes new tax ...

Side hustles are everywhere, promising flexible hours and quick money. But while many side gigs seem harmless, some can get you into hot water with the IRS if you’re not careful. The line between a ...

President Trump’s domestic agenda bill spans military and immigration measures, major cuts to national healthcare, and ...

These are some of the key tax changes in President Donald Trump’s “big beautiful” bill and how the current law compares to ...

The IRS announced increases in gift and estate tax exemptions for 2025. The annual gift tax exclusion rises to $19,000 per recipient, up $1,000 from last year's limit.

This article explores the legal and tax aspects of charitable pledges, emphasizing enforceability, donor commitments, and ...

The adjustments for 2025 include a 2.8% increase in thresholds, allowing each dollar earned to stretch further before hitting ...

Navigating annual tax changes can feel complex sometimes. Understanding them is crucial for informed financial choices to be ...

Illinois is leaving money on the table with structurally unsound tax policy The state should be taxing all consumer services, as Iowa and Wisconsin do, to raise much-needed revenue.

Tax season can feel overwhelming, but it’s also a golden opportunity to keep more of your hard-earned money. Every year, millions of Americans miss out on valuable tax deductions simply because they ...

Far from being a cost to taxpayers, the credit union tax exemption is one of the best investments the federal government makes—returning an estimated 1,300% annual rate of return. Meanwhile ...

If you’re worried about owing gift taxes if you give money or property away, keep this in mind: Very few taxpayers end up on the hook for this particular tax. There are two reasons why.