Yes. The IRS extends the annual tax deadline for taxpayers who live or do business in areas afflicted by disasters and for people in states with local holidays. A complete list of disaster-related ...

Danni Santana has spent seven years as an editor and business journalist covering industries like sports, retail, restaurants, and now personal finance. Most recently he worked as a retail editor ...

Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place. The idea in theory is quite simple, per the IRS – “You may ...

Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in ... more enforcement of tax laws. July 14, 2021 The hundreds of billions of ...

For 2024, the taxable wage base was $168,600. The IRS tables include an unrounded version and a rounded version that aggregates different years of birth. Covered compensation is defined by Section ...

Tax season isn't anyone's favorite time of the year, but you can make the process less painful with the right tax software. The best programs have free and paid tier, offer robust live support and ...

This guide reflects some income tax changes recently announced which, if enacted as proposed, would be effective January 1, 2025. At the time of publishing, some of these proposed changes were not law ...

The IRS has issued the covered compensation tables that will be effective Jan. 1, 2025. The new data is contained in Revenue Ruling 2025-2. This revenue ruling provides tables of covered compensation ...

Tax brackets are changing in 2025—so Newsweek has rounded up everything you need to know before the new year. The IRS adjusts tax brackets for inflation annually to stop taxpayers being pushed ...

Internal data reviewed by the IRS found that many people who filed a tax return in 2021 failed to claim the Recovery Rebate Credit, prompting the revenue service to issue the batch of "special ...