The federal government readjusts tax brackets and the annual standard deduction each year to keep up with inflation. One ...

Expect to see Medicare grow slightly more expensive following last year’s unusual price drop. In January 2024, most U.S.

Changes are coming to Medicare costs and coverage in 2024. Announced in time for the annual open enrollment period, which ...

During President Trump's first term, he overhauled the tax code with his 2017 Tax Cuts and Jobs Act (TCJA). Many of those ...

As the IRS continues to accept returns, here's what to know about tax rates for year 2024, how to track your refund and dates ...

The Earned Income Tax Credit (EITC) helps reduce poverty for working American families by providing a tax credit for qualified taxpayers. While the EITC has been around for 50 years, it's still one ...

You get two more months to file the tax return if you work outside USA or serve in military or naval service on duty outside the country. However, this does not mean that you get two more months to ...

Robert Powell: The Tax Cuts and Jobs Act was enacted in 2017 and was scheduled to sunset after 2025, but who knows in the wake of the federal election. Here to talk with me about this is Noah Harden, ...

The saver’s tax credit helps people who earn modest incomes save more for retirement. Learn whether you qualify for it and the advantages it can provide.

Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

The IRS updates tax brackets every year, so it's always a good idea to check whether you're close to one of the cutoff points ...